Bovis back in the black but remains wary

first_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More Show Comments ▼ Tags: NULL Bovis Homes swung to a pre-tax profit in the first half of the year yesterday, with the housebuilder saying that sales are holding up during the sluggish summer months.“We have seen a remarkable stability of sales rates week on week, clearly people talk about the summer being quieter than the spring, we’ve seen a bit of that,” said chief executive David Ritchie. “But each week we appear to get over the line in terms of the number of houses we need to sell.”The group sold 803 homes in the first half of 2010, compared to 754 in the same period last year. Bovis has resumed dividend payments after 19 months, on the back of pre-tax profit of £3.5m for the six months to the end of June, compared to a loss of £8.6m in the same period last year. Revenue dipped slightly to £115.6m, though the firm’s bottom line was boosted by better loan terms.Ritchie told City A.M. the company remains cautious over the state of the housing market. “We wouldn’t say the markets are in recovery; I think stability is the best thing we can call it. But it allows us to invest at cost effective rates for the future, and we are more than replacing [the land] we have used up.” The firm purchased 1,874 plots with planning permission in the period, adding to a total land bank with consent to build of 13,113 plots. Shares dipped 1.6 per cent to 342.8p. KCS-content whatsapp Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoBetterBe20 Stunning Female AthletesBetterBeUndoCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndoTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdUndo Monday 23 August 2010 8:06 pm Bovis back in the black but remains wary whatsapplast_img read more

3i sells parking enforcement firm to AAC

first_img whatsapp Share KCS-content NSL, the UK’s biggest employer of private traffic wardens, has set its sights on further growth after private equity owner 3i sold the firm to AAC Capital in a £120m deal.The firm, which also helps run the London congestion charge, expects to make £15m this year, on revenues of around £155m. Senior management, led by chief executive Mark Underwood, will reinvest in the business and Underwood said he saw “significant opportunity to expand the business over the next few years”. NSL branched out into ambulance services by buying Patient First earlier this year, and is part of a scheme to bring regulated parking to Abu Dhabi. The firm provides more than 50 local authorities with private parking enforcement officers.It was previously part of NCP, the car parks business, which 3i bought in 2005. The private equity firm then split the two and sold NCP to Australian bank Macquarie.Taken together, the two sales will yield a return to 3i of about three times the money it originally invested, a person familiar with the matter said. 3i sells parking enforcement firm to AAC Show Comments ▼center_img whatsapp Tags: NULL Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndo Tuesday 21 September 2010 8:17 pm More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPuffer fish snaps a selfie with lucky divernypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comlast_img read more