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Keepmoat appoints new CFO

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Housebuilder Keepmoat has confirmed the appointment of a new chief financial officer (CFO)  

Mark Dilley joins from Tilia Homes where he has been CFO since 2021, replacing Mark Priest who announced his retirement.  

Prior to that Dilley was CFO at Town Centre Securities and vice president of retail & property finance at ASDA.  

Tim Beale of Keepmoat said: “Mark [Priest] has been with Keepmoat since 2016 and in that time has been instrumental in driving both financial discipline and the wider performance of the business.  

“His incredible work ethic, curiosity, tenacity, wise counsel and intellect have been invaluable.  

“Mark [Priest] has supported the success of Keepmoat as it stands today, and he leaves us well positioned for the future.” 

Adding: “I am also delighted to announce that Mark Dilley will be joining us as his successor.  

“Mark brings a wealth of experience to this role, and we are looking forward to welcoming him to the business.” 

Revenue increased by more than 11 per cent in the year to 31 October 2023, to £864.6 million, compared to £778.1 million in the prior period, generating a pre-tax profit of £83.2 million (FY2022: £92.2 million).    

The home builder also posted adjusted EBITDA earnings of £101.4 million, an 11.3 per cent decrease on earning in FY2022.    

Keepmoat saw a nearly 8 per cent increase in homes sold in the period, posting a total of 4,074, compared to 3,776 the year before.   

Mark Dilley

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