Inland Homes has made strong operational and strategic progress

Highlights

  • EPRA NAV1 growth of 6.3%
  • Recurring profit before tax up 6.6%
  • Private housing forward order book of £19.7m and Partnership Housing construction order book of c£100m
  • 682 homes under construction

1 On an undiluted basis.

 

Our business model

Housebuilding icon

Housebuilding
activities

Land icon

Land
activities

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Construction
activities

Largest ever planning application submitted for 1,853 homes and over 18,000m2 of commercial space at Cheshunt Lakeside

Our market

  • Planning approvals 5% above 10-year average
  • 2.2% year-on-year increase in UK house prices

Our portfolio

  • Maintained healthy land bank at 6,870 plots with an anticipated gross development value of £2.1 billion

Our responsibility

  • One million hours with zero AFR
  • First supply chain conference in November 2017
  • Considerate Constructors Scheme score of 39 out of 50

Revenue

£147.4m

2017: £90.7m

+62.5%

Recurring profit before tax

£19.3m

2017: £18.1m

+6.6%

Earnings per share

7.64p

2017: 7.82p

-2.3%

Dividend per share

2.20p

2017: 1.70p

+29.4%

EPRA NAV per share1

102.28p

2017: 96.22p

+6.3%

Year end cash balance

£40.4m

2017: £26.5m

Private housing units sold

275

2017: 188

+46.3%

Land plots sold

837

2017: 780

+7.3%

1 On an undiluted basis.

 

Pre-let for £0.6m pa to Premier Inn for 46,000 sq ft, 105 room hotel in Bournemouth

£95m contract for sale and development of Church Road, Ashford

Our main priorities for 2018/19

  • Procure planning consent at Wilton Park and Cheshunt Lakeside
  • Increase our Partnership Housing business
  • Build on our new modular housing initiatives