|
|
2018*
£m
|
2017*
£m
|
2016
£m
|
2015
£m
|
2014
£m
|
|
Group revenue
|
747.0
|
674.0
|
565.3
|
499.6
|
387.5
|
|
Gross profit
|
192.0
|
170.8
|
142.8
|
114.1
|
80.8
|
|
Operating profit before financing costs
|
151.1
|
131.1
|
103.0
|
78.4
|
48.4
|
|
Operating margin
|
20.2%
|
19.5%
|
18.2%
|
15.7%
|
11.5%
|
|
Profit before tax
|
102.1
|
109.3
|
89.3
|
62.0
|
36.4
|
|
Net assets
|
239.6
|
157.8
|
320.3
|
266.4
|
218.4
|
|
Net external debt
|
(299.9)
|
(303.4)
|
(121.6)
|
(140.2)
|
(157.9)
|
|
Capital employed (excluding intangible assets)
|
512.7
|
463.5
|
441.9
|
406.6
|
376.3
|
|
Underlying capital employed*
|
483.2
|
416.4
|
362.9
|
307.4
|
256.7
|
|
Return on capital employed
|
31.0%
|
29.0%
|
30.3%
|
27.5%
|
16.2%
|
|
Return on underlying capital employed**
|
33.4%
|
33.0%
|
30.3%
|
27.5%
|
16.2%
|
|
Unit sales
|
|
|
|
|
Core completions
|
2,954
|
2,698
|
2,380
|
2,153
|
1,896
|
| Total (including joint ventures) |
3,170
|
2,775 |
2,420
|
2,174 |
1,918 |
|
Average selling price (£'000)
|
249
|
239
|
231
|
227
|
200
|
2018 figures represent Miller Homes Group Holdings plc. Comparatives represent Miller Homes Group Holdings plc proforma figures for 2017 and Miller Homes Holdings Limited for 2014-2016
*Underlying capital employed represents capital employed excluding non-operating intangibles assets, deferred tax and shared equity loans.
**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 loans.