Springfield Properties FY26 Results - 15 September 2026

Springfield’s FY26 results confirm a resilient trading performance and strong cash generation which eliminated all bank debt, and has enabled the recently announced share buyback programme. It also marks a milestone in North of Scotland operations, where Springfield entered into an agreement with a major energy infrastructure provider to build and lease almost 300 homes, with detailed works agreements expected to follow in the relatively near term. We make modest changes to FY27 and FY28 forecasts and introduce FY29 forecasts for the first time, and reiterate our 175p/share fair value estimate. Read the full research note here: https://www.equitydevelopment.co.uk/research/strong-foundations-for-long-term-profit-growth