Financial
We reached a major milestone this financial year, reporting our 20th consecutive year of profit growth, with development profits in excess of £6,000,000. Profits have risen on average by 16% per annum over the last ten years.
Notably our annual return on equity has exceeded 30% in each of the last ten years, significantly outperforming industry benchmarks. Shareholders funds have risen by an average of 11% per annum over the same period.
The ability of our development team to identify successful projects at an early stage, combined with a rigorous approach to managing risk has been key to delivering this impressive financial performance.
A robust development pipeline totalling over 2,000,000 sqft will generate substantial profits, ensuring sustained growth in future years.
Financial Summary
Vico Properties