<p><span>Springfield Properties is set to report revenue growth and improvement in its gross margin for its half year, it said today (December 17).</span></p> <p><span>Issuing an update on trading for the six months to November 30 2019, the Scottish housebuilder, which builds private and affordable housing, said the momentum it experienced as it entered its current financial year had continued throughout the first half of 2019/20, with a lift in completions and revenue seen in both its private and affordable homes.</span></p> <p><span>“As a result, and with the contribution from Walker Group, which was acquired in H2 2018/19, the group expects to report revenue growth and improvement in gross margin for the first half of 2019/20, in line with management’s expectations,” Springfield’s statement read.</span></p> <p><span>The housebuilder said its Village developments had progressed well during the six month period, with its most advanced Village schemes – Bertha Park and Dykes of Gray – seeing more than 600 people in total settling into their new homes to date, according to management estimates.</span></p> <p><span>Springfield also extended its geographic reach into the Highlands, acquiring strategic land in Inverness. And it entered the private rented sector market under a partnership with Sigma to acquire and develop sites …