Bovis profits plummet 84%

Aug. 27, 2008
Bovis Homes Group’s trading update for the six months ending 30 June, gives further evidence of the collapse in the housebuilding market, with the housebuilder’s profits plummeting by 84% to just £9.5 million. Bovis generated £149.3 million of revenue in the first half of this year, a drop of 43% from the £259.9 million enjoyed in the first six months …

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