Bovis Homes Group Plc (BVS.L) reported a surge in first-half 2012 pre-tax profit to 16.2 million pounds, from 8.12 million pounds last year, with profit attributable to equity holders of the parent climbing to 11.93 million pounds, from 5.89 million pounds a year ago.
Six-month earnings per share were 8.9 pence, significantly higher than 4.4 pence in the prior-year period.
Revenue for the half year increased 27% to 170.3 million pounds from 133.6 million pounds in the 2011 period.
An interim dividend of 3.0 pence per share has been declared, and the board expects to continue to increase dividends progressively as earnings per share increase. The interim dividend would be paid on November 23, 2012 to holders of ordinary shares on the register at the close of business on September 28, 2012. The board has decided to close the Scrip dividend scheme.
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by RTT Staff Writer
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