Bovis' profits on track as pricing and sales improve

Boss Greg Fitzgerald, who joined in April to turn around the company, said profits were in line with expectations this year and were set for a big improvement the next.

Shares in housebuilder Bovis climbed a little after its third quarter results showed a small improvement in sales and it said profits will see a 'significant' improvement next year.Bovis, which last year was rocked by a profit warning and left reeling from complaints from furious customers over shoddy workmanship, said theĀ average sales rate over the period was 0.52 between July 1 and November 10, marginally up from 0.48 during its first half.Boss Greg Fitzgerald, who joined in April to turn ...