Land Director of Telford Homes tops up stake in firm
17th Jul 2012 16:44
James Furlong, the Land Director of Telford Homes, a London-focused residential property developer, has purchased 33,627 shares just one week after the firm assured investors at its annual general meeting (AGM) that its sales continue to be secured at a healthy rate across all of its developments.
Read moreTelford Homes eyes 2013 profit surge
30th May 2012 07:59
East London homebuilder Telford Homes posted a healthy increase in annual pre-tax profit and expects strong sales of finished homes in the last six months of the year. Profit before tax and exceptional items came in ahead of market expectations at £3m for the year ended 31 March 2012 compared to £
Read moreTelford Homes to beat market expectations
16th Apr 2012 07:12
East London focused residential developer Telford Homes said pre-tax profit in the year ended March 31 2012 is expected to be ahead of market expectations after strong sales in the second half. The developer, which is focused on brownfield sites in the east end of London, said it remains positive i
Read moreTelford half year profit falls, eyes bumper 2013
1st Dec 2011 07:11
East London focused residential developer Telford Homes said it is on target for full year results at similar levels to 2011, despite a fall in half year profit, and expects a significant profit spike in the year to 31 March 2013. Telford expects annual profit to more than double through 2013 on th
Read moreTelford to scale Olympian heights in 2012
19th Oct 2011 14:29
Telford Homes, the residential property developer focused on brownfield sites in the east end of London, said pre-sales already secured should lead to a sharp increase in profits next year. Meanwhile, trading this year has been proceeding according to plan, with the company on track to meet full-ye
Read moreTelford Homes profit in line
1st Jun 2011 08:18
East London focused residential property firm Telford Homes said pre-tax profit more than halved as it reduced output in line with recession levels. Pre-tax profit and after exceptional items fell in line with expectations to £3m compared to £7.3m in 2010. Revenue declined to £121.1m from £159.3m p
Read moreTelford Homes sees FY in line
8th Apr 2011 07:21
East London focused residential property developer Telford Homes said trading for the year ended 31 March 2011 is expected to be in line with market expectations. The group also announced it completed a £70m banking facility with RBS, HSBC and Santander on 31 March 2011. The facility lasts for thr
Read moreTelford Homes hikes divi despite results decline
1st Dec 2010 10:26
A lack of investment during the credit crunch and a subdued housing market hurt interim results at Telford Homes, although the East London residential developer is buying land again and positive about the future. Profit before tax for the six months ended 30 September dropped to £1.5m from £6.5m,
Read moreThursday tips round-up: Sports Direct, Eddie Stobart, Bunzl
21st Oct 2010 06:49
Sportswear retailing has long had something of a Wild West reputation, marred as it is by feuds, backbiting and the odd run-in with the law. Tuesday's announcement by the Serious Fraud Office that it was no longer pursuing a cartel inquiry against Sports Direct and JJB Sports may go some way to salv
Read moreTelford remains cautious
20th Oct 2010 17:41
East London-based residential developer Telford Homes says its markets remain uncertain but it is trading in line with expectations. That still means that there will be a sharp fall in profit in the year to March 2011. Management sees little likelihood of improvement in the market before 2012. T
Read moreTelford Homes Current Trading In Line, 153 New Open Market Sales
15th Jul 2010 13:05
LONDON (Dow Jones)--Telford Homes Plc (TEF.LN), a residential property developer in East London, announced Thursday that to date, there have been 153 new open market sales across 12 developments and 88 open market completions, which is in line with management's expectations. MAIN FACTS: -New
Read moreLondon close: Footsie finishes in the red
13th Apr 2010 16:16
Footsie finished slightly in the red but recovered from earlier lows as the benchmark index slumped in the afternoon following a poor start on Wall Street. US aluminum producer Alcoa fell after revenue came in short of expectations, which weighed on the mining sector in the UK. Kazakhmys, Fresnill
Read moreLondon afternoon: Losses pared
13th Apr 2010 14:25
Footsie perked up over the lunch time session despite expectations of a weak start on Wall Street. Retail sales data has given a boost to retailers such as Kingfisher, Marks & Spencer, Next and Tesco. UK retail sales in March rose at their fastest rate in almost four years thanks to the earlier t
Read moreLondon midday: Equities drift lower
13th Apr 2010 12:07
Mining stocks remain a drag on the Footsie but retailers see some support following the release of upbeat retail sales data. UK retail sales in March rose at their fastest rate in almost four years thanks to the earlier timing of Easter this year, new figures from the British Retail Consortium show
Read moreTelford sees FY 'materially ahead' of expectations
13th Apr 2010 07:30
East London focused residential property developer Telford Homes said sales in the first quarter of 2010 were better than expected and now anticipates full year results will be 'materially ahead of market expectations.' In its trading update ahead of its full year results Telford said the sales e
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