Our aim is to deliver profitable and sustainable growth focusing on three strategic measures. 

Sales growth – grow output incrementally to 4,000 units per annum by 2021.

Core & JV Completions

New homes from Miller

Regional focus – maintain focus on existing regional markets which have the following advantages:

  • Less competitive land market
  • Reduced subcontractor cost pressures and availability issues
  • More favourable planning environment
  • Customers are predominantly home owners rather than investors

Administrative expenses (% of revenue)

New homes from Miller

Margin enhancement and capital efficient returns – maintain disciplined and selective approach to land acquisitions, optimising margin and capital efficiency. 

Return on capital employed (%)

New homes from Miller