Profits in line at Bovis Homes

FTSE 250 house builder Bovis Homes says it expects pre-tax profits for the year ended 31 December 2011 to be in line with market consensus and says that it is well positioned to improve returns further in 2012 and beyond.

FTSE 250 house builder Bovis Homes says it expects pre-tax profits for the year ended 31 December 2011 to be in line with market consensus and says that it is well positioned to improve returns further in 2012 and beyond.

However, the firm warned that given continuing economic and employment uncertainty, trading conditions next year are expected to be "challenging".

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