Home

Financial

Financial main image

 Key performance highlights for Miller Homes Group Holdings plc during 2017 are as follows:

 

  • 22% increase in profit before tax to £109.3m (2016: £89.3m)
  • 26% increase in operating profit to £130.1m (2016:  £103.0m)
  • 19% increase in revenue to £675m (2016: £565m) driven by a 13% increase in core completions to 2,698 units (2016: 2,380 units)
  • 4% increase in average selling price (ASP) to £239,000 (2016: £231,000)
  • 110 basis point improvement in operating margin to 19.3% (2016: 18.2%)
  • 9% increase in return on capital employed* (ROCE) to 33.0% (2016: 30.3%)
  • 5% increase in consented landbank to 13,738 plots (2016: 13,062 plots)
  • Land investment of £182m (2016: £178m), which is a 10 year high
  • 2018 forward sales at record levels and 39% ahead of last year

 

*Return on underlying capital employed represents 12 month annualised operating profit divided by the average of opening and closing capital employed, adjusted for non-operating deferred tax and shared equity interests

Annual Reports


More ...

Quarterly Reporting


More ...

Financial Group Summary


More ...

Strategy


More ...