)
Springfield Properties (SPR) investor relations material
Springfield Properties H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue increased to £108.0 million for the six months ended 30 November 2025, up 2% year-over-year, with adjusted profit before tax up 8% to £4.1 million and net bank debt reduced to £39.6 million from £62.9 million.
Strategic focus on the North of Scotland, leveraging a substantial land bank and new infrastructure-driven housing agreements, including a landmark deal with SSEN Transmission for 293 homes.
Strong land bank with over 7,300 owned and contracted plots, positioning the business for future growth.
Affordable housing revenue rose 26% to £25.8 million, with robust margins and strong relationships with local councils.
Dividend policy remains progressive, with a final dividend of 2p per share paid in December 2025 and plans for future increases.
Financial highlights
Revenue: £108.0 million (up from £105.6 million), adjusted profit before tax: £4.1 million (up from £3.8 million), and gross margin: 15.8% (down from 17.7%).
Net bank debt reduced by 37% to £39.6 million, and net assets stand at £172 million.
Land sales nearly doubled to £9.8 million, with sales at 1.2x book value.
Operating profit contributed £27 million in cash inflows; main outflows included £9 million for land purchases and £10 million for interest and tax.
Administrative expenses (excluding exceptionals) fell 6% to £11.6 million, representing 10.7% of revenue.
Outlook and guidance
Confident in delivering full-year results in line with expectations, with anticipated improvement in private housing margins in the second half.
Almost all forecast affordable housing revenue for FY 2026 is already delivered or contracted.
Expectation to sign main works agreements and leases for SSEN housing projects within the next 6-12 months.
Monitoring inflation and interest rates, with hopes for further reductions to support consumer confidence and mortgage competitiveness.
Excited about significant prospects in the North of Scotland, especially following the SSEN Transmission agreement.
Next Springfield Properties earnings date
Next Springfield Properties earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage