Lovell’s half year profit up 15%

Aug. 4, 2022
Lovell’s operating profit rose 15% to £13.9 million during its half year against the equivalent period in 2021, with the partnerships housebuilder making a “significant contribution” to parent company Morgan Sindall’s results. During the six months to June 30 2022, Lovell’s revenue rose 5% to £284 million. Its operating margin improved to 4.9% from HY 2021’s 4.5%. The business completed ...

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