Van Elle’s trading update for the year to 30 April reveals that continuing ‘significant’ delays to approvals by the Building Safety Regulator (BSR) – widely reported across the housebuilding industry – have led it to moderately reduce guidance for FY25, while confirming net cash expectations. The order book has grown, and we maintain our estimates for the rest of the forecast period, underpinned by growing infrastructure and industrial opportunities, but will review these assumptions at the FY results.
Van Elle: Progressive
Jun 5, 2025Disclaimer & Declaration of Interest
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