One of the benefits of a public listing is that it provides a vital source of capital for businesses like Telford Homes. Indeed, since Jan’12 it has raised £70m in 2 tranches (£50m Oct’15 & £20m Jun’13) to develop thousands of desperately needed, high quality, affordable properties within inner London. In return, shareholders have seen PBT climb from £3.0m in FY12 to £46.0m today (see below), and been rewarded with a 475% appreciation in the
30 May 2018
Blow-out 2nd half with more to come
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Blow-out 2nd half with more to come
Telford Homes (TEF:LON) | 0 0 0.3% | Mkt Cap: 295.3m
- Published:
30 May 2018 -
Author:
Paul Hill -
Pages:
14
One of the benefits of a public listing is that it provides a vital source of capital for businesses like Telford Homes. Indeed, since Jan’12 it has raised £70m in 2 tranches (£50m Oct’15 & £20m Jun’13) to develop thousands of desperately needed, high quality, affordable properties within inner London. In return, shareholders have seen PBT climb from £3.0m in FY12 to £46.0m today (see below), and been rewarded with a 475% appreciation in the