en.Wedoany.com Reported - UK residential builder The Hill Group has announced its financial results for the fiscal year ending March 31, 2026, reporting revenue of £1.164 billion, pre-tax profit of £92.5 million, and the completion of 3,329 new homes, with all metrics showing year-on-year growth.
Net assets increased to £493.1 million, net cash rose to £129.1 million, and the group’s revolving credit facility remained undrawn, reflecting the resilience of its diversified operating model and the successful first year of its new five-year growth strategy. Land and work in progress grew to £733.9 million, as the group continued its policy of retaining most annual profits to invest in future growth opportunities. During the year, the group invested £54.6 million in new land acquisitions and strategic opportunities, with an additional £44.1 million in future investment commitments already in place. The development pipeline includes 10,800 homes with planning permission and 1,900 homes subject to planning conditions. The long-term strategic pipeline, controlled through options and promotion agreements, comprises 29,900 homes, with the overall pipeline having the potential to generate over £14.5 billion in future revenue. The contracting pipeline also grew during the year to over £5.6 billion, up from £4.8 billion in the prior year.
Andy Hill OBE, founder and Group Chief Executive of The Hill Group, stated that these results demonstrate the resilience of the business model and progress toward long-term goals. Despite a constrained market, the group continues to increase revenue, profit, and completions while investing in future opportunities. The contracting business continues to expand, and confidence in long-term demand for high-quality homes remains strong. In December 2025, the group further enhanced its financial flexibility by refinancing its revolving credit facility with major lenders. The new £300 million facility is valid until 2030 and retains its sustainability-linked loan status, reflecting an ongoing commitment to environmental and social value objectives.
In an uncertain sales market, the group achieved a successful year, with an average selling price of £520,000, reflecting a shift in product mix—two-thirds of completed homes were apartments in London, Cambridge, and Oxford. The build-to-rent (BTR) business continues to mature, with deliveries completed at multiple locations in the Southeast and London. Despite delays in the start of several high-rise projects in London due to lengthy approval processes by the Building Safety Regulator, the business performed well. Activity improved during the year, with major regeneration projects such as City Centre South in Coventry, Dollis Hill in Northwest London, and Wembley entering the construction phase. The group also secured a significant strategic land opportunity in Colworth, Bedfordshire, with the potential to deliver 4,500 new homes. The group continues to invest in its employees and communities, with a workforce of approximately 1,000 people, and launched its 2025–2030 social value strategy. It maintained its five-star status in the Home Builders Federation’s National New Homes Customer Survey for the ninth consecutive year.
Andy Hill added that while the market environment remains challenging and economic uncertainty continues to affect buyer confidence, the group remains optimistic about the future. Recent commitments to investment in affordable housing provide greater certainty for the industry. With a strong strategic pipeline, a growing order book, and an excellent team, the group is well-positioned to achieve the ambitions set out in its 2025–2030 business plan.
