We aim to grow our business to a level that sustains long-term value creation by delivering quality homes and mixed use communities that meet market needs.
In 2015 we continued on our path to achieve £1bn of revenue by 2016. In relation to 2016 we are targeting unit sales of 2,700–2,900 and an average selling price of £340k–350k.
1 - Excluding PRS impact – PRS transactions include separate land sale and unit development elements, which may be accounted for in different periods and therefore can distort the ASP ratios. Excluding PRS impact is after adjusting to remove any such distortion.
2 - Before exceptional costs of £5.9m relating to the Initial Public Offering in February 2013.
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