Strategy
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
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)
Margin enhancement and capital efficient returns – maintain disciplined and selective approach to land acquisitions, optimising margin and capital efficiency.
Return on capital employed (%)
