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Homebuilding

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NVR, Inc. Announces Second Quarter Results

Friday, 19 Jul 2019

July 19 (Reuters) - NVR Inc ::NVR, INC. ANNOUNCES SECOND QUARTER RESULTS.Q2 EARNINGS PER SHARE $53.09.Q2 REVENUE ROSE 1 PERCENT TO $1.8 BILLION.Q2 EARNINGS PER SHARE ESTIMATE $44.82 -- REFINITIV IBES DATA.NEW ORDERS IN Q2 OF 2019 INCREASED BY 6% TO 5,239 UNITS.BACKLOG OF HOMES SOLD BUT NOT SETTLED AS OF JUNE 30, 2019 DECREASED ON A UNIT BASIS BY 6% TO 9,530 UNITS.AVERAGE SALES PRICE OF NEW ORDERS IN Q2 OF 2019 WAS $358,600, A DECREASE OF 5%.SETTLEMENTS INCREASED IN Q2 OF 2019 TO 4,720 UNITS, WHICH WAS 2% HIGHER THAN Q2 OF 2018.HOMEBUILDING REVENUES OF $1.76 BILLION IN Q2 OF 2019 WERE RELATIVELY FLAT COMPARED TO Q2 OF 2018.

Taylor Wimpey appoints Robert Noel as independent non-executive director

Friday, 19 Jul 2019

July 19 (Reuters) - Taylor Wimpey PLC ::TAYLOR WIMPEY PLC - ROBERT NOEL TO BE APPOINTED AS AN INDEPENDENT NON EXECUTIVE DIRECTOR WITH EFFECT FROM 1 OCTOBER 2019.ROB IS A CHARTERED SURVEYOR WITH OVER THIRTY YEARS’ EXPERIENCE IN THE PROPERTY SECTOR, INCLUDING FROM 2012 TO DATE AS THE CEO OF LAND SECURITIES GROUP PLC.HE WAS PREVIOUSLY PROPERTY DIRECTOR OF GREAT PORTLAND STREET ESTATES PLC FROM 2002 TO 2009 AND WAS RECENTLY THE PRESIDENT OF THE BRITISH PROPERTY FEDERATION.HE IS ALSO A TRUSTEE OF THE NATURAL HISTORY MUSEUM.UPON HIS APPOINTMENT TO THE BOARD, ROB WILL ALSO BECOME A MEMBER OF THE AUDIT COMMITTEE AND THE NOMINATION COMMITTEE. .

Taylor Morrison Home Expects Net Sales Orders To Increase About 20.0%, To 2,810 Homes In Q2 Of 2019

Thursday, 18 Jul 2019

July 18 (Reuters) - Taylor Morrison Home Corp ::TAYLOR MORRISON HOME CORP - EXPECT NET SALES ORDERS TO HAVE INCREASED APPROXIMATELY 20.0%, TO 2,810 HOMES IN Q2 OF 2019.TAYLOR MORRISON HOME - EXPECT CLOSINGS TO HAVE INCREASED APPROXIMATELY 30.2% IN Q2 OF 2019.TAYLOR MORRISON - ANTICIPATE SALES ORDER BACKLOG OF HOMES UNDER CONTRACT TO HAVE INCREASED APPROXIMATELY 6.5% TO 5,051 HOMES AT JUNE 30, 2019.TAYLOR MORRISON HOME - EXPECT GAAP HOME CLOSINGS GROSS MARGIN, FOR Q2 TO BE NEAR HIGH END OF A MID-TO-HIGH 17% RANGE.

Russia's Etalon Q2 Cash Collections Up 31% Y/Y

Wednesday, 17 Jul 2019

July 17 (Reuters) - Etalon Group PLC ::Q2 NEW CONTRACT SALES RUB 18.78 BILLION VERSUS RUB 13.88 BILLION YEAR AGO.Q2 CASH COLLECTIONS RUB 19.18 BILLION VERSUS RUB 14.69 BILLION YEAR AGO.

Besqab April-June Operating Profit Down At SEK 30.3 Mln

Wednesday, 17 Jul 2019

July 17 (Reuters) - Besqab AB (publ) ::JAN-JUNE REVENUE SEK 593.7 MILLION.JAN-JUNE OPERATING PROFIT SEK 34.7 MILLION.JAN-JUNE PROFIT AFTER TAX SEK 44.1 MILLION VERSUS SEK 89.1 MILLION YEAR AGO.JAN-JUNE AMOUNT OF SOLD HOUSING 392 VERSUS 75 YEAR AGO.APR-JUNE REVENUE SEK 361.3 MILLION VERSUS SEK 381.5 MILLION YEAR AGO.APR-JUNE OPERATING PROFIT SEK 30.3 MILLION VERSUS SEK 59.4 MILLION YEAR AGO.APR-JUNE PROFIT AFTER TAX SEK 28.3 MILLION VERSUS SEK 47.7 MILLION YEAR AGO.APR-JUNE AMOUNT OF SOLD HOUSING 356 VERSUS 55 YEAR AGO.

Shree Krishna Infrastructure Approves Appointment Of Ravi Kotia As MD

Tuesday, 16 Jul 2019

July 16 (Reuters) - Shree Krishna Infrastructure Ltd ::APPROVED APPOINTMENT OF RAVI KOTIA AS CHAIRMAN AND MD.

Jm AB Q2 Revenue Down At SEK 3.94 Billion

Friday, 12 Jul 2019

July 12 (Reuters) - JM AB ::Q2 REVENUE SEK 3.94 BILLION VERSUS SEK 4.13 BILLION YEAR AGO.Q2 OPERATING PROFIT SEK 506 MILLION VERSUS SEK 504 MILLION YEAR AGO.

Russia's PIK H1 Total Cash Collections Up At RUB 114.5 Bln

Wednesday, 10 Jul 2019

July 10 (Reuters) - Russian house builder PIK Group ::CASH COLLECTIONS FROM SALE OF REAL ESTATE IN H1 RUB 101.2 BILLION.TOTAL CASH COLLECTIONS IN H1 RUB 114.5 BLN VS RUB 111.1 BLN YEAR AGO.CONFIRMS 2019 OUTLOOK, PLANS TO SELL 1.7-1.9 MLN SQUARE METERS REAL ESTATE.CONFIRMS 2019 OUTLOOK, PLANS TOTAL CASH COLLECTION OF RUB 200-220 BLN.

Traumhaus Acquires Areas For 60 Residential Units

Wednesday, 10 Jul 2019

July 10 (Reuters) - Traumhaus AG ::DGAP-NEWS: TRAUMHAUS AG: TRAUMHAUS AG ACQUIRES AREAS FOR ANOTHER 60 RESIDENTIAL UNITS CEO SINNER: WE CREATE AFFORDABLE HOUSING FOR YOUNG FAMILIES.

Barratt Sees FY Pretax Profit Ahead Of Market Expectations

Wednesday, 10 Jul 2019

July 10 (Reuters) - Barratt Developments PLC ::TRADING STATEMENT.FY PROFIT BEFORE TAX EXPECTED TO BE AHEAD OF MARKET EXPECTATIONS AT AROUND £910M (2018: £835.5M).IN FY 17,856 TOTAL HOMES COMPLETED INCLUDING JOINT VENTURES (2018: 17,579 HOMES).FY OPERATING MARGIN AT C. 18.9% (2018: 17.7%).FORWARD SALES POSITION WITH TOTAL FORWARD SALES (INCLUDING JVS) AS AT 30 JUNE 2019 OF £2,604.1M (30 JUNE 2018: £2,175.7M).SEES FY19 PERFORMANCE TO BE AHEAD OF CURRENT MARKET EXPECTATIONS DRIVEN BY CONTINUED IMPROVEMENTS FROM MARGIN INITIATIVES."WHILST THERE REMAINS SOME ECONOMIC AND POLITICAL UNCERTAINTY, GROUP IS IN A STRONG POSITION".BUILD COST INFLATION WAS 3-4% DURING FY19 AND WE ANTICIPATE A SIMILAR LEVEL OF INFLATION FOR FY20.HAS FIXED PRICE AGREEMENTS IN PLACE FOR OVER 90% OF THESE MATERIALS TO DECEMBER 2019 AND 60% FOR FY20.MADE GOOD PROGRESS IN STRATEGY TO EXIT CENTRAL LONDON AND FOCUS ON STRONG GROWTH OPPORTUNITIES THAT EXIST IN OUTER LONDON.

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