Inland Homes delays full year results

Inland Homes has delayed the release of its financial results of the year to 30 June 2015.

The AIM listed company said on Monday the delays stem from the consolidation of the results and financial position of Drayton Garden Village.

“The preparation of these consolidated accounts and the respective audit is taking longer than initially anticipated due to the need to adjust for different income recognition policies and financial year ends.”

Inland Homes said it will release the results as soon as the process is completed, and confirmed the group’s profit before tax expectations won’t be affected and will still be “significantly ahead” of its original £12.7m forecast.