Two years after a scandal that tarnished its reputation and led to the resignation of its chief executive, Bovis Homes said yesterday that it was on course to deliver record annual profits.
The FTSE 250 housebuilder said in a trading update before full-year results next month that it expected 2018’s profits to be ahead of market expectations of about £165m.
That will be comfortably better than the £114m it made in 2017, a year in which it was embroiled in a row about customer service and building work, with buyers complaining of poor workmanship, including floors that bounced and leaks, and of being handed homes before they had been finished.
