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The construction group said that revenues for the year ended 31 December 2011 are expected to be around £113m. The balance sheet “remains robust”, with gearing at the year-end at around 2% (2010: 6%).
The board expects to conclude the renewal of its banking facilities for a further three years in the next few weeks.
In its pre-close trading update, the board said: “We are beginning to see profitable development opportunities emerging, and over 2012 and 2013 we will begin to invest in more development activity.”
Henry Boot’s preliminary Results are scheduled to be announced on 28 March 2012.
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