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Scotland-focused housebuilder Springfield Properties said growth that it had reported in the first half had extended into the second, while cost control had helped improve margins.
In a trading update for its financial year through May, the company said it had delivered 'strong' growth at both its private housing and affordable housing divisions.
'This growth has been maintained through the second half of the year, with an increase in completions, which has been supported by a strong Scottish housing market across the private and affordable housing sectors,' Springfield said.
'In addition, management's target of improving gross margins has been successfully achieved through strong sales rates and sustained prices combined with tight cost control.'