Countryside Properties

Article Abstract:

Countryside Properties is a UK real estate company which is faced with a large cash outflow, leading to concerns about the company's financial management. The company has some 6,000 plots for housebuilding in 1995, and this figure has changed little since 1994. Provisions have been made for land acquired prior to 1990 and there are 700 plots controlled by the company acquired before that date. Losses have arisen from housing association business. Analysts are concerned about the company's results.

Countryside Properties PLC

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Rock-solid quarry assets

Article Abstract:

Breedon's activities include real estate, housebuilding and quarrying. Quarrying contributes most of the profits, and is cash-generative, while there is a need for investment in the company's land bank, so there is a fit between the two activities. Rippon Homes, the housebuilding arm, is focusing on larger houses which are more expensive. The company also owns 43 dwellings that have been occupied by former quarry employees. Their rents are controlled, but can be raised as the tenants leave.

NONMETALLIC MINERALS, EXCEPT FUELS, Nonmetallic Mineral Mining and Quarrying, Stone, Sand & Gravel, Sand and gravel industry, Quarries and quarrying, Quarrying, Stone quarrying

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Wilson Bowden

Article Abstract:

Wilson Bowden has increased turnover from housebuilding by 100% in the two years to 1995, in addition to producing a profit from the company's real estate activities. The company's profit margin, at 15.7% ranks first in the UK in this sector. This has not had a great impact on the company's share price, and the peak of the business cycle may have been reached. Input prices are rising. The company has frozen investment in land due to price rises and has a land bank with 10,000 plots.

Wilson Bowden PLC

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