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Telford building well

Telford Homes's first quarter profits have already surpassed those for the whole of last year
July 12, 2012

Telford Homes continues to perform strongly, and at its annual general meeting, the house builder confirmed that 70 per cent of the open-market homes targeted to complete by the end of March 2013 have already been pre-sold or completed.

IC TIP: Buy at 108p

Unaudited pre-tax profits in the first three months of the current financial year already exceed the £3m recorded in the whole of the previous year.