Dividend
- Dividend per share increased by 22% to 10.0 cent (2024: 8.2 cent) including a proposed final dividend of 5.9 cent which, combined with the interim dividend of 4.1 cent per ordinary share, results in a total dividend of 10.0 cent per ordinary share for the year (2024: 8.2 cent per share).
- The proposed final dividend will be paid on 29 May 2026 to ordinary shareholders on the Company's register at 5:00 p.m. on 24 April 2026, subject to shareholder approval at the Company's Annual General Meeting on 30 April 2026.
Other Financial Highlights
- The Group delivered a strong performance in 2025 with a 10% increase in revenue to €944.6 million (2024: €859.9 million) including 2,365 units (2024: 2,241 units). Average selling price (net of VAT) of €392,000 (2024: €383,000), with the slight increase primarily driven by a change in product mix.
- Operating margin of 17.8% with operating costs being 4.25% of revenue (2024: 4.30%), highlighting the impact of our lean construction platform. Profit after tax of €132.7 million (2024: €114.6 million), after finance costs of €16.7 million (2024: €15.1 million).
- Invested €102.6 million (2024: €99.5 million) on scaled development sites and contracted an additional €77.1 million in land acquisitions on deferred payment terms.
