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Bovis Homes has reported a 69% jump in operating profits for 2011 and an 8% rise in legal completions to some 2,045 residential properties for the year.

The housebuilder鈥檚 preliminary results for the year to December 31, 2011 show revenue of 拢364.8m, up 22% on 2010, with operating profit of 拢36.4m - a 69% increase on the previous year.

Average private sales were 拢180,100 per home, a 5% increase on 2010.

Bovis Homes Group chief executive David Ritchie said the preliminary figures represented a 鈥渟trong improvement in profit鈥� in a 鈥渃hallenging but stable鈥� market.

鈥淭his profit improvement has been delivered through the compound positive effect of increased volumes, improved sales prices and stronger margins,鈥� he said.

鈥淪ignificant progress has also been made in positioning the group for continued improving returns.

鈥淪ubstantial land investment in recent years will deliver a strong increase in active sales outlets in 2012.

鈥淏ased on a continuation of current market conditions, this will further enhance volumes, sales prices and profit margins.鈥�

The company said 2012 private reservations had increased by 41% from a 28% increase in active outlets.

It had an average of 73 such outlets in 2011, against 66 in 2010.