Miller Homes outperforms in Q4 22, FY 23 volumes to decline
- Hazik Siddiqui
Thanks to a strong forward orderbook in the third quarter of 2022, Miller Homes achieved record house completions and EBITDA in the fourth quarter.
The UK-based homebuilder delivered impressive Q4 22 results on Tuesday (28 March), at a time when mortgage offers were being replaced overnight and chaos reigned in the housing market amid fallout from the mini-Budget. Unlike its peer Keepmoat, the quarter seems to have gone smoothly for Miller, with key metrics surpassing guidance