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Key financial metrics table
Metric2023/242022/232021/222020/21
Turnover£314m£290m£284m£266m
Surplus after tax£67m£75m£79m£62m
Operating margin30%31%32%31%
Asset gearing41%40%37%38%
Interest cover (EBITDA-MRI)1.9x1.9x1.7x1.9x
Homes owned or managed47304464374565844962
Housing completions119112651224902
Key financial metrics table
2023/24£314m
2022/23£290m
2021/22£284m
2020/21£266m
2023/24£67m
2022/23£75m
2021/22£79m
2020/21£62m
2023/2430%
2022/2331%
2021/2232%
2020/2131%
2023/2441%
2022/2340%
2021/2237%
2020/2138%
2023/241.9x
2022/231.9x
2021/221.7x
2020/211.9x
2023/2447304
2022/2346437
2021/2245658
2020/2144962
2023/241191
2022/231265
2021/221224
2020/21902

Table notes:

  • Surplus after tax in 2023 / 24 excludes fair value gains