Information  X 
Enter a valid email address

Wilson Bowden Plc (WLB)

  Print      Mail a friend       Annual reports

Tuesday 02 October, 2001

Wilson Bowden Plc

Trading Statement

Wilson Bowden Plc
2 October 2001

Date:         Embargoed until 7.00am, Tuesday 2 October 2001

                                Wilson Bowden

                              Trading Statement

On Tuesday 2nd October 2001 Wilson Bowden will make presentations to analysts
who will be visiting our inner city brown field developments around Nottingham
and Sheffield.

We will report that trading to date has been in line with the outlook
described at the time of the interim statement released on 29 August 2001.

Demand for new homes has remained good through the summer with some week to
week volatility as seen in the first half. We wait to see what effect, if any,
the events of 11 September will have on consumer confidence and on
reservations over the next few weeks.  David Wilson Homes' margin performance
continues to meet expectations.

Wilson Bowden Developments continues to perform well in a difficult funding
market.  The important West One development in Manchester continues apace with
two thirds of lettings exchanged or subject to legal instructions and the
remainder in receipt of firm interest.  As indicated in the Interim Statement,
due to conditions in the funding market, the timing of the investment sale
continues to represent an important sensitivity in Developments profit
out-turn for 2001.

                                   - ENDS -


Ian Robertson                                          Wilson Bowden plc
Deputy Chief Executive & Finance Director              01530 260777

Graham Brown                                           Wilson Bowden plc
Company Secretary                                      01530 260777

Scott Fulton/Jon Simmons                               Financial Dynamics
                                                       020 7831 3113