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

VA Lottery reviewing 25 betting licence applications

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The Virginia Lottery Board has revealed that it received 25 applications for the 12 mobile betting licences that may be issued in the state. Regions: Virginia VA Lottery reviewing 25 betting licence applications Topics: Sports betting Sports betting regulation The Lottery will consider a number of factor when reviewing the applications, including their past experience and success with sports betting in the US, their efforts to solicit minority investors and the number of new jobs and tax revenue they expect to generate in Virginia. Read the full story on iGB North America. Subscribe to the iGaming newslettercenter_img Sports betting The 12-permit cap does not apply to applications tied to certain major league sports franchises headquartered in or play at a facility located in Virginia. However, it does cover applications from casino gaming partners previously selected by the cities of Bristol, Danville, Norfolk, and Portsmouth. Email Address 13th November 2020 | By Robert Fletcher Though the Lottery did not disclose the identity of operators that put forward submissions, said the 25 applications were received between October 15 and 31. A bill passed earlier this year states the Lottery must issue a minimum of four and maximum of 12 of the new licences.last_img read more