Wilson Bowden has reported an increase in half-year pretax profits from £51.7m to £58.8m on turnover up from £308.6m to £351.5m.
The company said the property market remained strong but planning restrictions remained a concern. It warned the governments attempts to revitalise inner cities were at risk because of an over overburdensome planning system. It said planning policy was fuelling house-price inflation.
The company is confident it can continue to maintain margin growth as long as existing trading conditions persist.
Financial Times 30/08/01 page 25
The Daily Telegraph 30/08/01 page 37
The Times 30/08/01 page 22 (Results In Brief), page 23
The Independent 30/08/01 page 17, page 19 (Market Movers)
