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9 months ago

Keepmoat Annual Report 2020

  • Text
  • Lease
  • Keepmoat
  • Strategic
  • Annual
  • Income
  • Assets
  • Limited
  • Homes
  • Statements
  • October
Keepmoat has released its Group financial results for the year ending 31 October 2020.

KEY HIGHLIGHTS

KEY HIGHLIGHTS 2020 HOMES SOLD 2,460 PLOTS SECURED 24,000 Representing 6 years of delivery AVERAGE SELLING PRICE £165,000 Increased from £161,000 EMPLOYEES 1,145 8% of which are trainees, apprentices or graduates BROWNFIELD DEVELOPMENTS 80% PERCENTAGE OF FIRST TIME BUYERS 70% of open market properties 4 KEEPMOAT.COM

INTRODUCTION FINANCIAL YEAR ENDING 31 OCTOBER 2020 AN UNPRECEDENTED YEAR The last financial year has been one where Keepmoat have faced unprecedented challenges with the impacts of the ongoing COVID-19 Pandemic. Whilst the financial and operational results were significantly impacted by the period of shutdown the business performed strongly throughout and is well positioned to deliver future growth plans. To provide a useful additional means of comparing the Group’s performance across periods, the figures above are compared to the unaudited 12 months to 31 October 2019. ANNUAL REPORT & FINANCIAL STATEMENTS 2020 5