Telford Homes plc provided earnings guidance for the year ended 31 March 2014. The company expects operating margin before interest expected to be in excess of 15% against 9.7% reported in 2013, profit before tax for the year to 31 March 2014 anticipated to be more than double the previous year, development pipeline increased by 40% to an anticipated £875 million of future revenue and net cash position at 31 March 2014 and zero gearing against 47% reported in 2013.

The company announced that profit before tax expected to double again by 31 March 2018 with a cumulative total of £120 million anticipated over the next four financial years.