<p>Countryside Properties has seen operating profit surge by 34% to £122.5 million in the year to September 2016.</p> <p>The firm, which refloated in February this year, generated £777 million in revenue, 26% up on last year. Within this, Countryside saw housing completions rise from 2,364 units to 2,657 units. Of these, 783 units were delivered by the Housebuilding division, 20% ahead of last year. The remaining 1,874 units were built by the Partnership division.</p> <p>Commenting on the results, Ian Sutcliffe, group chief executive, said: "We have made tremendous progress in 2016, delivering solid growth, a strengthened balance sheet and marking our return to the London Stock Exchange. We enter the 2017 financial year in a strong position with an industry leading land bank and record private forward order book. Our strategy remains to deliver growth, increasing returns and capital efficiency from our balanced business models of Housebuilding and Partnerships. We see significant growth opportunities in Partnerships with increased estate regeneration in London and our geographic expansion into the West Midlands, while our increased scale and operational efficiency in Housebuilding will continue to improve returns."</p>