Springfield Properties has returned to paying dividends earlier than expected as a result of its focus on debt reduction over the past year and its confidence in a recovering sales market. Announcing its FY24 results to 31 May, the group confirmed it is on track to report results for FY25 in line wi
Springfield Properties
Andrew Curran and Kieran Graham have been promoted to managing director positions within the Springfield Group. Mr Curran steps into the position of managing director (central) and will oversee operations across multiple brands, including Springfield Properties, Dawn Homes, Walker Group, and Ma
Miller Homes has purchased an 11-acre plot in the Dalhousie development from the Springfield Group, allowing for the creation of 85 new homes just outside Bonnyrigg.
Springfield Properties has signed a new contract, worth £10.1 million, with Moray Council for the delivery of affordable housing. The group will receive funds from the sale of the land to Moray Council in the current financial year and the design and build phase, which accounts for the vast ma
Springfield Properties is "confident of meeting market expectations" for profitability and debt reduction for the full year to May, the housebuilder said today in its first-half trading update.
Springfield Properties has signed an agreement for the sale of approximately 11.2 acres of land for £8.7 million. The land, which equates to 85 plots, is fully owned by the group.
Listed housebuilder Springfield Properties has said it is confident of meeting market expectations for the year to May 31 2024 despite continued "uncertainty" in the market.
Housebuilder Springfield Properties plc has announced the sale of 45 acres of land for £4.2 million. The transaction, involving land equivalent to 190 plots, is part of Springfield's strategic effort to reduce its debt, which had risen to £67.7m by 31 May 2023, up from £38.1m the p
Springfield Properties has signed a new affordable housing contract, worth £6.1 million, with the Highland Council. The design and build phase of the contract is due to commence in the coming weeks and will be delivered over a period of approximately 18 months, with the Group receiving payment
Elgin-based housebuilder Springfield Properties has seen its share price take a hit after it suspended its dividend payments amid significant financial and housing market challenges. Despite having delivered the firm's "highest level of annual completions and revenue", with total revenue growing 29%
Springfield Properties has highlighted the "decisive action" taken to address build cost inflation and the "strong" fundamentals of the housing sector in Scotland as the housebuilder revealed it expects to record its highest ever annual revenue. In a trading update issued today, the g
Scottish housebuilder Springfield Properties has confirmed the appointment of Iain Logan as the company's chief financial officer. He has been serving as interim CFO since March 2023, bringing experience from his previous roles as finance director and group financial controller within the company.
The chairman of Springfield Properties has challenged Stirling Council on the "considerable delays" by planning officials to progress housing at Durieshill. Attending today’s Stirling Council meeting, Sandy Adam made a bold visual statement with an eight-foot figure of a sn
More than 1,000 people have joined a mailing list for Springfield Properties' Durieshill Village development, close to Stirling, as it approaches a milestone planning decision on 29 June.
The chief financial officer of Springfield Properties, Michelle Motion, has resigned with immediate effect, the housebuilder said today. The company said the board has commenced a search for a new CFO and will "update the market in due course".