Housebuilders target growth over volumes

摘要

Housebuilders have revealed soaring profits and the highest shareholder returns for years. Bovis Homes, Persimmon and Taylor Wimpey released their full-year results for 2013 last week, with Redraw and Barratt Developments posting half-year results to 31 Dec 2013. The housebuilders say sustained growth in the longer term is a priority rather than short-term gains. All five firms have set completion targets below 16,000 new homes in 2014.