Financial Year ended 30th September 2007
All figures include share of Joint Ventures
Turnover
Record Group turnover of £517.8m (2006 - £489.8m)
Operating Profit
Record Group operating profit of £55.4m (2006 - £52.6m)
Development activities
- Turnover from development activities for the year totalled £396.9m (2006 - £367.1m).
- The Group completed the sale of 1,795 new homes (2006 - 1,444), including 466 sales completions (2006 - 564) it made on behalf of its Joint Ventures. Turnover from private housebuilding totalled £307.2m (2006 - £233.1m). The average selling price of all new homes sold was £200,000 (2006 - £240,000).
- Commercial property transactions generated turnover of £13.3m (2006 - £14.5m).
- Land sales realised £76.5m (2006 - £119.0m).
Design and build contracting
- Turnover from our design and build contracting operations totalled £120.8m (2006 - £122.7m).
- 1,081 (2006 - 672) new homes were completed for Housing Associations and others.
- The current order book totals £195m (2006 - £159m) of committed contracts, with a further £409m (2006 - £599m) agreed subject to contract.
Land holdings
At the year end the Group owned or controlled through options or conditional contracts land with the potential for 21,800 (2006 - 23,300) new homes including 7,400 (2006 - 7,850) with planning permission, and 14,400 (2006 - 15,450) subject to planning permission.
Development programme
The Group's current development programme is £6.5 billion by value.
Staff
The average number of employees during the financial year was 811 (2006 - 755).
Ultimate Parent Undertaking
The ultimate parent undertaking of Countryside Properties PLC is Copthorn Holdings Limited, a company incorporated in Great Britain which is owned and controlled by the Cherry Family and by Uberior Ventures Limited, a wholly owned subsidiary of HBOS PLC.
Information correct as at 19/02/2008
Annual Report & Accounts
If you require a copy of our Report & Accounts please contact company_secretary@cpplc.com stating the year required.
