Springfield Properties PLC (GB:SPR) has released an update.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Springfield Properties PLC, a prominent Scottish housebuilder, has inked a £6.3 million deal with the Wheatley Group to construct affordable housing, with plans to commence immediately and complete by October 2025. This move builds on Springfield’s momentum from recent contract wins and is expected to significantly contribute to next year’s financials. CEO Innes Smith expressed enthusiasm for the partnership and the company’s ongoing commitment to affordable housing development.
For further insights into GB:SPR stock, check out TipRanks’ Stock Analysis page.