29th Sep 2020 10:48
Springfield Properties PLC - Scottish housebuilder - Revenue in year ended May 31 down 24% to GBP144.4 million from GBP190.8 million. Pretax profit falls 39% to GBP9.7 million from GBP16.0 million. Cuts full-year payout by 55% to 2.0 pence from 4.4p. Says results hurt by Covid-19 lockdown with some revenue in final two months to the year to now be recognised in first half of financial 2021.
Current stock price: 95.16 pence
Year-to-date change: down 33%
By Eric Cunha; [email protected]
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