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2005 Interim Results: Profit Before Tax
- 12th successive year of interim profit growth
- 63% increase in profit before tax to £38.7m (2004: £23.7m)
- 28% increase in profit before interest and disposal of fixed assets to £41.1m (2004: £32.2m)
- Housing profits up 38% to £36.6m (2004: £26.6m)
- Housing operating margins of 20% (2004: 13%)
- Property profits up 19% to £5.1m (2004: £4.3m)
- Construction order book of £296m
