Live Breaking News & Updates on Historic Cost

Stay updated with breaking news from Historic cost. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Investegate |Metro Funding plc Announcements | Metro Funding plc: MTVH unaudited consolidated results Y/e 31 Mar 22

Investegate announcements from Metro Funding plc, MTVH unaudited consolidated results Y/e 31 Mar 22 ....

United Kingdom , Donald Mckenzie , Geeta Nanda , Trevor Moross , Fitch Ratings , Customer Services , Lambeth Council , Department For Business , Thames Valley Housing Association , Midlands Energy Hub , Housing Decarbonisation Fund , Metropolitan Funding , Valley Housing Association , Metropolitan Thames Valley , Operating Surplus , Reported Operating Surplus , Total Revenue , Dennis Hone , Chief Executive , Depth Assessment , People Better Every Day , Local Housing Managers , Safer Buildings , Defective Premises Act , Social Housing Decarbonisation Fund , Industry Strategy ,

Investegate |Metro Funding plc Announcements | Metro Funding plc: UnAudited Trading Statement as at 31 March 2021

Thames Valley Housing Association (TVHA) unaudited consolidated results for the year ended 31 March 2021.
The TVHA group (trading as Metropolitan Thames Valley), one of the UK s leading providers of affordable housing and care and support services, announces unaudited consolidated results for the year ended 31 March 2021. These results may be subject to further adjustments, most notably in respect of pension costs and property valuations.
Headlines
· Total Revenue £446m, down 4% (2020: £465m).
· 923 new homes completed (2020: 1,022 homes) of which 704 (2020: 781) were affordable.
· Strong liquidity position with around £790m of available cash and facilities.
· Net debt to EBITDA 10.5x (2020: 12.1x).
· S&P credit rating A- (stable outlook). ....

United Kingdom , City Of , Davinder Dhillon , Nigel Ingram , Donald Mckenzie , Tania Brisby , Geeta Nanda , Ofei Kwafo Akoto , Customer Services , Thames Valley Housing Association , Metropolitan Funding , Valley Housing Association , Metropolitan Thames Valley , Operating Surplus , Total Revenue , Chief Executive , People Better Every , Social Housing , Shared Ownership , Safer Buildings , East Midlands , Clapham Park , Joint Venture , Historic Cost , Comprehensive Income , Financial Position ,