<p><span>Miller Homes saw its completions rise 12% during the six months to June 30 2018, it said today (September 19).</span></p> <p><span>The housebuilder achieved 1,493 home completions during its half year, compared to 1,336 during H1 2017. Its average selling price rose 6% to £248,000.</span></p> <p><span>Accordingly, revenue increased 7% to £356.1 million. Operating profit improved 11% to £70.5 million.</span></p> <p><span>At the same time the company reported a 3% decrease in its private sales rate to 0.77 net reservations per site per week during the period. But the prior year figure was a “record” for the group, Miller said. </span><span></span></p> <p><span>The Help to Buy scheme (in both England and Scotland) represented 35% of Miller’s private completions, in line with last year.</span></p><p></p> <p><span>Miller said its new West Midlands region was set to <span>deliver more than 300 units in 2018 and in excess of 400 units in 2019. Its forward sales are </span>23% ahead of last year, at “record levels” of £345 million.</span></p> <p><span>Miller added that it was “on track” to deliver its strategic target of 4,000 homes by 2021.</span></p> <p><span>Chris Endsor, Miller’s ceo, said: “I am delighted to report that Miller Homes has again achieved significant growth in the first half of 2018 …
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