Development profits 1988 - 2007 Graph (click to enlarge)

Vico Properties Plc Development Profits 1988 - 2007.
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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

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Vico Properties