Profits up for Lovell

RESULTS from Lovell, one of the companies involved in Sheffield Homes' large-scale housing refurbishment programme, have made a strong contribution to record half-year results at parent group Morgan Sindall.

By The Newsroom

Published 10th Aug 2007, 15:58 BST

Updated 28th Aug 2007, 11:19 BST

Pre-tax profits for the construction group rose by 18 per cent from 21.3 million in 2006, to 25.2 million in 2007 on an increased revenue of 836 million up from 674 million last year.

Lovell is one of seven contractor partners currently delivering the 669 million Decent Homes housing refurbishment programme, on behalf of Sheffield City Council.

The company, which has local offices on Maltravers Road in Sheffield, has also put forward proposals for a 13 million housing development of 126 new family homes in the Manor area of Sheffield as part of Sheffield City Council’s Housing Market Renewal programme.

Sheffield City Council Sheffield