<p><span>Bewley Homes has reported a “record year” with turnover almost doubling in 2021 as it continues to progress its growth and expansion plans.</span></p> <p><span>Last year, the housebuilder’s turnover lifted to £156 million from 2020’s £84.4 million, “its record year to date”. Group profit increased 115% to £34.4 million with gross margins seeing a “new high” of 22%. The business also achieved 443 sales completions last year.</span></p> <p><span>Bewley said it experienced “excellent demand” for its homes throughout the Home Counties. Its Garden Village Collection of homes, concentrating on engaging street scenes, was “warmly received”.</span></p> <p><span>Greg Locke, Bewley’s non-executive chairman, said: “I am extremely proud of our team and the record results produced in 2021. We are in excellent shape and have set out a strategy and three-year plan to grow the business in excess of £200 million. To support this growth, we have expanded our land team and opened a new office in Swindon to extend our geographical area and operations in the West.</span></p> <p><span>“We will look to drive our future growth through profitable land acquisitions, together with delivering sites from our strategic land portfolio, which has been growing considerably over recent years and is set to deliver some quality developments.”</span></p> …
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