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Birmingham Post

Business

Tom Keighley

Profits more than double at developer Henry Boot amid strong demand

Development group Henry Boot has reported a steep rise in pre-tax profits for 2021, driven by strong performance across a number of its divisions.

The Sheffield-based group told investors that pre-tax profits had increased to £35.1m, up from £17.1m - citing residential land sales, industrial development, investment property revaluation gains and returns from joint ventures.

Revenue reached £230.6m, up from £222.4m, driven by residential land sales.

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