Investors

"I am delighted to announce excellent results for the year. We have achieved further progress on margins in Linden Homes, increased our mixed-tenure output in Partnerships and Regeneration, and continue to make progress in resolving older contracts in Construction, whilst building and delivering a reliable and high quality order book. We have reorganised management in all three businesses during the year, creating the right platform for future progress in both volume and margin. Reflecting the delivery of record results and our continuing confidence in the business, we are proposing an increase in our full year dividend of 21%."

Peter Truscott / Chief Executive

Group revenue1

Up 6%

£2,495m

1'Revenue' includes share of joint ventures' revenue of £175.5 million (2015: £82.3 million). 'Group revenue' where stated excludes share of joint ventures.

Profit before tax*

Up 18%

£135.0m

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Results Centre

Half year results for the six months ended 31 December 2016

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Financial Events

21 Feb 2017 - Half Year Results

21 Feb 2017 - 2017 Interim Dividend announcement date

23 Mar 2017 - 2017 Interim Dividend ex-dividend date

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