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Insider UK
Insider UK
National
Peter A Walker

Scottish house builder returns to profit

Stewart Milne Group has reported a £36m increase in turnover and a £12.7m rise in profit for the year ended 31 October 2021.

The Aberdeen-headquartered house builder stated that turnover came in at £306m for the year, up from £270m at October 2020. Operating profit, before exceptional items, rose by £800,000 to £13.5m in the same period.

During the financial year, the group completed a strategic review which included the re-design of its entire homes range to meet the changing trends of buyers.

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