Группа Hill увеличила чистые активы до 493,1 млн фунтов и расширила портфель проектов на 12 700 домов

Net assets increased to £493.1m and net cash rose to £129.1 million, with no drawings against the group’s revolving Credit Facility. This, the group says, reflects its diversified operating model and the successful delivery of the first year of its new five-year growth strategy. Land and work-in-progress increased to £733.9m as the group continued its policy of retaining the majority of annual profits to invest in future growth opportunities. Hill invested £54.6m in new land acquisitions and strategic opportunities during the year, with commitments in place for a further £44.1m of future investment. Hill’s development pipeline includes 10,800 homes with planning consent and a further 1,900 homes controlled on a subject-to-planning basis. Hill’s long-term strategic pipeline includes 29,900 homes owned or controlled under option and promotion agreements. Combined, the group’s controlled pipeline has the potential to generate more than £14.5bn of future revenue. Hill’s contracting pipeline also increased during the year to more than £5.6bn, up from £4.8bn the previous year. Got a story? Email [email protected]