Springfield Properties

Springfield Properties reports record full year results and strong outlook

Housebuilder Springfield Properties has posted record-breaking revenue and profits in its final results for the year ended 30 May 2021.

Published 14 September 2021

Record turnover expected at Springfield Properties

Increased sales in private and affordable housing coupled with a contribution from strategic land sales have driven an expected year-on-year revenue growth of 49% for Springfield Properties.

Published 1 July 2021

Springfield Properties anticipates 20% rise in profits this year

Moray-based housebuilder Springfield Properties expects annual revenue and profits to be “ahead of market expectations”, reflecting significant year-on-year growth.

Published 2 June 2021

Springfield Properties primed to capitalise on pent-up demand for larger homes

Despite a fall in profits, housebuilder Springfield Properties said today it is well placed to benefit from a significant increase in demand since resuming operations as buyers seek to move out of city centres and into larger homes with gardens.

Published 29 September 2020

Veteran banker Sir Angus Grossart buys £1m shares in Springfield Properties

Veteran banker Sir Angus Grossart has nearly doubled his stake in Elgin-based Springfield Properties after buying £1 million of shares from its chairman Sandy Adam.

Published 15 June 2020

Springfield Properties agrees additional £18m loan facility as sites remain closed

Springfield Properties has agreed an additional £18 million loan facility with Bank of Scotland as it prepares to navigate the uncertainty surrounding the current lockdown.

Published 27 April 2020

Construction firms suspend dividends

Springfield Properties, Persimmon and Morgan Sindall have all revealed plans to suspend dividends to shareholders to preserve cash amid the COVID-19 outbreak.

Published 25 March 2020

Springfield Properties hails sustained growth and ‘strong’ gross margin improvements

AIM-listed housebuilder Springfield Properties said today it remains confident of achieving growth in line with management expectations after reporting increased sales, profit and margin.

Published 25 February 2020

Springfield enters private rented market with new Sigma partnership

Springfield Properties is to deliver its first homes for Scotland’s private rented sector (PRS) and is targeting the release of hundreds of homes over the coming years.

Published 26 September 2019

Springfield Properties reports strong full year results

Springfield Properties has reported strong growth following the release of its full-year results.

Published 18 September 2019