Henry Boot plc (BHY) 2014年年度报告「LSE」.pdf

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1、henry boot pLcannuaL report anD financiaL statements FoR THE YEAR ENDED 31 DECEMBER 2014www.henryboot.co.ukStock code:BHYcreating VaLue.John brown ChairmanI am delighted to report another year of strong returns for our Group with profit before tax of 28.3m,a 54%increase on 18.4m achieved in 2013.str

2、ategic progress I am delighted to report another year of strong returns for our Group with profit before tax of 28.3m,a 54%increase on 18.4m achieved in 2013.It is also pleasing to report that all of the businesses within the Group performed well in their market segment,supported by a generally impr

3、oving UK economy.In our view,2014 was the second full year of our recovery from the bottom of the property cycle.The UK house building industry performed well,in what have been described as balanced market conditions,and this allowed us to sell sites with planning permission at competitive prices.Fu

4、rther investment in the planning process added over 2,100 plots to our portfolio of permissioned sites,an impressive replenishment rate,given that we sold approximately 1,100 plots in the year.2014 saw the UK commercial property development market improve significantly,with Henry Boot activity high

5、throughout the year and we were able to complete several schemes.In addition,we have a number of projects in progress for 2015 and opportunities beyond that are even more encouraging.It is pleasing to report that the cyclical upswing is once again helping the development business steadily improve bo

6、th activity and profitability levels compared to the last few years subdued trading performance.In addition,our jointly owned house builder,Stonebridge Projects Limited,had a good year and is now becoming a contributor to profits with good,long-term growth prospects.Finally,our Construction division