Keepmoat posts record turnover

Keepmoat PRS

Housebuilder set to build more than 4,000 units as it reports profit up by 22%

Reporting record annual turnover for last year, Keepmoat Homes said it hopes to build more than 4,000 homes in the next 12 months.

The Doncaster-based housebuilder said turnover for the year to 31 March 2018 came in at £555.6m, up nearly a third, while pre-tax profit rose 22% to £41.7m.

It completed 3,717 new homes, a rise of 27% on last year. The average selling price rose 2.8% to £149,000, while the number of plots on the firm’s books increased by 13% to 32,331.

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