Scotland’s only quoted housebuilder has this morning updated its guidance in response to the escalating response to Covid-19. The outbreak has not negatively impacted its completions or reservations to date. However, First Minister Nicola Sturgeon’s advice to close building sites across Scotland and the impact of the public being advised to stay at home has created uncertainty and the group will update on trading in due course. Although the company reports a “strong” f
24 Mar 2020
Coronavirus crisis prompts cash preservation
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Coronavirus crisis prompts cash preservation
Springfield Properties PLC (SPR:LON) | 97.5 3.4 3.7% | Mkt Cap: 115.7m
- Published:
24 Mar 2020 -
Author:
Alastair Stewart -
Pages:
2
Scotland’s only quoted housebuilder has this morning updated its guidance in response to the escalating response to Covid-19. The outbreak has not negatively impacted its completions or reservations to date. However, First Minister Nicola Sturgeon’s advice to close building sites across Scotland and the impact of the public being advised to stay at home has created uncertainty and the group will update on trading in due course. Although the company reports a “strong” f