Springfield ‘on track’ to hit expectations but completions fall

By Carl Brown2023-12-13T13:05:00

Scottish housebuilder aiming to cut debt through land sales as it re-enters affordable housing market

Springfield Properties has said it is on track to meet its expectations for the year despite a drop in completions.

The £330m-turnover Scottish said in a trading update today that is “confident of meeting market expectation” for the year to 30 November. It has previously said it is expecting adjusted pre-tax profit of £10m to £14m for the year.

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