Financial Year ended 30th September 2008
All figures are for Copthorn Holdings Ltd (the ulitmate parent company of Countryside Properties plc) and includes its share of Joint Ventures
Turnover
Group turnover of £376.8m (2007 - £517.8m)
Earnings before interest, taxation and amortisation
Earnings before interest, taxation and amortisation (EBITA) of £7.2m (2007 : £58.8m)
Development activities
- Turnover from development activities for the year totalled £257.8m (2007 : £396.9m).
- The Group completed the sale of 1,272 new homes (2007 : 1,795), including 317 sales completions (2007 : 466) it made on behalf of its Joint Ventures. The average selling price of all new homes sold was £195,000 (2007 : £200,000).
- Commercial property transactions generated turnover of £7.4m (2007 : £13.3m).
- Land sales realised £33.4m (2006 : £76.5m).
Design and build contracting
- Turnover from our design and build contracting operations totalled £119.0m (2007 : £120.8m).
- 1,158 (2007 : 1,081) new homes were completed for Housing Associations and others.
- At the year end, the current order book totalled £199m (2007 : £195m) of committed contracts, with a further £484m (2007 : £409m) 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 19,900 (2007 : 21,800) new homes including 9,400 (2007 : 7,400) with planning permission, and 10,500 (2007 : 14,400) subject to planning permission.
Development programme
The Group’s current development programme is £5.8 billion by value.
Staff
The average number of employees during the financial year was 803 (2007 : 811).
Information correct as at 05/01/2010
Annual Report & Accounts
If you require a copy of our Report & Accounts please contact company_secretary@cpplc.com stating the year required.
