Springfield Properties (SPR)

Sector:

Household Goods

Index:

FTSE AIM All-Share

 100.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 110.75
  • 52 Week Low: 81.60
  • Currency: UK Pounds
  • Shares Issued: 119.04m
  • Volume: 35,277
  • Market Cap: £119.64m
  • RiskGrade: 406
  • Beta: 0.00

Springfield Properties inks £15.3m contract with Highland Housing Alliance

By Iain Gilbert

Date: Tuesday 06 Feb 2024

LONDON (ShareCast) - (Sharecast News) - Scottish housebuilder Springfield Properties has signed a new contract with Highland Housing Alliance for the delivery of affordable housing.

The contract, worth a total of £15.3m, includes an initial bulk sale of housing, followed by a design and build aspect.

Springfield will receive £4.1m for a bulk sale of housing, which was scheduled to complete during the current financial year, while the design and build phase, worth £11.2m, was due to commence "in the coming weeks", with the majority of the revenue to be recognised in the group's next financial year.

Chief executive Innes Smith said: "Since reengaging with affordable housing providers, we have been greatly encouraged by the interest that we are receiving. Within the last eight months, we have signed contracts worth circa £40.0m with local housing authorities and other affordable housing providers.

"Alongside the design and build contract, we are pleased to have this opportunity to deliver a bulk sale that will support our overall sales rates as well as our focus on maximising cash generation."

As of 1110 GMT, Springfield shares were up 5.10% at 82.50p.









Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SPR Market Data

Currency UK Pounds
Share Price 100.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 110.75
52 Week Low 81.60
Volume 35,277
Shares Issued 119.04m
Market Cap £119.64m
Beta 0.00
RiskGrade 406

SPR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
76.62% above the market average76.62% above the market average76.62% above the market average76.62% above the market average76.62% above the market average
9.09% above the sector average9.09% above the sector average9.09% above the sector average9.09% above the sector average9.09% above the sector average
Price Trend
68.26% above the market average68.26% above the market average68.26% above the market average68.26% above the market average68.26% above the market average
65.22% above the sector average65.22% above the sector average65.22% above the sector average65.22% above the sector average65.22% above the sector average
Income
51.24% below the market average51.24% below the market average51.24% below the market average51.24% below the market average51.24% below the market average
44.44% below the sector average44.44% below the sector average44.44% below the sector average44.44% below the sector average44.44% below the sector average
Growth
93.09% below the market average93.09% below the market average93.09% below the market average93.09% below the market average93.09% below the market average
81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SPR Dividends

  Latest Previous
  Final Final
Ex-Div 07-Nov-24 03-Nov-22
Paid 12-Dec-24 16-Dec-22
Amount 1.00p 4.70p

Trades for 14-Jul-2025

Time Volume / Share Price
16:05 2,973 @ 99.56p
11:54 2,122 @ 99.53p
11:47 1 @ 99.40p
10:45 14,000 @ 101.55p
11:24 1 @ 102.00p

SPR Key Personnel

CEO Innes Smith
CFO Iain Logan

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