Henry Boot, the Sheffield-based property investment and development group, said its 2025 revenue fell 6% to £307 million and profit before tax slipped 5% to £29.1 million.
Total dividend for the year rises 2.1% to 7.86p per share.
“Total land and property sales of £356m, our share at £193m (2024: £347m: £224m our share), highlights particularly strong demand from housebuilders for our high quality residential land …” said Henry Boot.
The group’s Hallam Land business achieved record sales of 3,957 plots (2024: 2,661), increasing operating profit by 35% to £32.9 million.
Henry Boot CEO Tim Roberts said: “Henry Boot delivered a resilient performance in 2025 against a backdrop of continued economic and political uncertainty.
“Hallam Land performed particularly well, achieving a record number of plot sales and making excellent strategic progress in the acceleration of planning applications to grow its consented land bank.
“However, our performance was impacted by slower house sales and some cost overruns at Stonebridge Homes. We took important steps to further simplify the group and sharpen our strategic focus, through the sale of Henry Boot Construction, and the planned increase in our ownership of Stonebridge Homes.
“These actions, together with the launch of our Future Ways of Working programme, are improving efficiencies, enhancing collaboration across the group and creating a strong platform for future growth.
“As we progress into 2026, we are encouraged by the strong, sustained demand for our high quality residential land and the signs of improvement at Stonebridge Homes, where sales rates have strengthened, although due to the timing of key transactions, we expect the group’s performance to be once again second half weighted.
“Underpinned by our strong balance sheet, an increasingly supportive planning environment, and a development pipeline filled with opportunity, we are well positioned to meet full year market expectations, assuming the conflict in the Middle East is not prolonged.
“Over the medium term we are confident the group can deliver significant value for shareholders.”