UK housebuilder Bovis delivers profits surprise

Housebuilder Bovis Homes today said annual profits were expected to beat forecasts after sales and selling prices rose in 2010.

UK housebuilder Bovis delivers profits surprise
Fri, 14 Jan, 2011 - 07:45

Housebuilder Bovis Homes today said annual profits were expected to beat forecasts after sales and selling prices rose in 2010.

The UK-based group reported a 4% rise in average selling prices to £160,700 (€190,000) over last year and said sales completions rose 5%.

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