Springfield tops 500 staff ‘landmark’

● Firm backs 113 workers in further education, training & apprenticeships

every day – they all have the opportunity of a promising future with Springfield as they become skilled in their trade.”

In its maiden results as a public company in February, the firm announced underlying interim pre-tax profits up just under 20 per cent at £3.1 million from £2.6m in the same period the previous year.

Revenues lifted 10.5 per cent to £54.8m in the six months to end-november, with an interim dividend of 1p being declared.

Private housing sales rose 6 per cent to £43m, with an average selling price of £234,000, up from £208,000 in the first half of the previous year.

Sales in affordable housing, which Springfield often builds in partnership with councils and housing associations, jumped 40 per cent to £11.7m from £8.4m last time, with an average selling price down £1,000 at £122,000.

The firm said there had also been significant progress on its “village” sites. This included “strong sales” of £17.2m at its site at Dykes of Gray, Dundee.

Construction has also begun at Bertha Park, Perth, and planning approval had been received for 870 homes in Elgin.

In all, it is to build five village housing developments in north and central Scotland in a 15 to 20-year project.