Record forward order books for Countryside Properties

Countryside Properties, specialists in the development of sustainable communities, has admitted today (Wednesday) that it is confident of reporting improved full-year results.

It follows revelations that current forward sales and order books are at record levels.

Speaking at today's AGM, chairman Alan Cherry said the overall performance of the company was encouraging, with current forward sales of new housing 40% ahead by value compared with this time last year.

Cherry also revealed that the design/build contracting order book is worth over £500m, an all-time high.

He added that because of the timing of completions, the results will be more than usually weighted towards the second half of the year.

"Our future development prospects are most encouraging and will, we are confident, show improving financial results and progress for the group in the coming years," Cherry said.