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St. Modwen upbeat in IMS

St. Modwen Properties said the business continued to perform strongly with profits and cashflows in line with expectations in a trading update this morning.
CoStar News
March 28, 2014 | 1:34 P.M.

The group said it continued to secure a steady stream of sales across all of the St. Modwen Homes and the Persimmon joint venture sites having completed on the sale of 180 units in the financial year to date which compares to 35 units during the same period last year. It said it is experiencing sustained growth in London, the South West and in the Midlands and expects this to continue throughout the year.

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