Henry Boot shines with near-record first half profit

Developer/contractor Henry Boot has reported a bumper first-half performance driven by land disposals and project completions.
Over the period to June, Henry Boot raised revenue 12% to £144m, generating 68% uplift in pre-tax profit to £39m, due mainly to strong residential land sales and industrial development activity.
The construction arm also enjoyed a good start to the year with revenue ahead by over a fifth at £67m and trading profit up nearly a half to £6.3m.Boot sa