Interim Management Statement.
Highlights
Underlying selling prices remained stable during the period
Total average selling price ("ASP") on completions increased by c. 9% to 180,000, with private ASP increasing by c. 12% to 194,000, driven by changes in mix
Total completion revenues increased by c. 9%
Net private reservations per active site per week were down in the period at 0.45 (2009: 0.55), reflecting weaker customer sentiment
Total forward sales were in line with the prior year at 870.9m
Success in signing large scale partnership agreements