Telford Homes plc provided earnings guidance for the year ended March 31, 2013. For the year, the company expects profit before tax will be ahead of market expectations. The company reported that net debt reduced significantly to under £35 million compared to £54.6 million a year ago. The Group expects to report an increase in gross margin of over five percentage points from 17.6% in the year 2012 and an increase in operating margin in excess of three percentage points over 6.2% in the previous year.

Telford Homes plc announced that they will report fiscal year 2013 sales/trading statement results on Apr 18, 2013

Telford Homes plc reported unaudited earnings results for the six months ended September 30, 2012. For the period, revenue was £78,324,000 against £58,603,000 a year ago. Operating profit was £7,066,000 against £2,510,000 a year ago. Profit before income tax was £6,526,000 against £1,454,000 a year ago. Profit after income tax was £4,979,000 or 9.9 pence per diluted share against £1,034,000 or 2.1 pence per basic and diluted share a year ago. Cash flow from operating activities was £23,329,000 against £898,000 a year ago. Purchase of tangible assets was £154,000 against £154,000 a year ago. Net debt was £31.7 million. The interim dividend declared for the six months ended September 30, 2012 is 2.0 pence per ordinary share and is expected to be paid on January 11, 2013 to those shareholders on the register at the close of business on December 14, 2012. This dividend was declared after September 30, 2012. The interim dividend paid for the six months ended September 30, 2011 was 1.5 pence per ordinary share and the final dividend paid for the year ended March 31, 2012 was 1.5 pence per ordinary share.