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| Name | Symbol | Market | Type |
|---|---|---|---|
| Moat Hms 5% 41 | LSE:79NB | London | Bond |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0 | - |
From Jul 2023 to Jul 2024
TIDM79NB
RNS Number : 2349K
Moat Homes Limited
23 August 2023
Moat Homes Limited
23 August 2023
Moat Homes Annual Report and Financial Statements 2022/2023
Moat Homes Limited
Moat Homes Finance Plc
GBP300,000,000 5 per cent Secured Bonds due 2041
Dated 14 August 2023
Moat Homes today announces its consolidated audited financial results for 2022/23 with increased investment in existing and new homes, despite the exceptionally challenging background.
Moat reported a turnover of GBP160m (2021/22: GBP181m), and a surplus of GBP46m (2021/22: GBP48m). The GBP21m reduction in turnover was due to lower development sales.
GBP41m (2021/22: GBP40m) were invested in maintaining and improving existing homes, GBP124m (2021/22: GBP109m) in building new homes.
459 new homes (2021/22: 500) were completed - 94% of which were for rented and low-cost home ownership. 389 new homes (2021/22: 356) were started on site.
Moat's Annual Report and Financial Statements 2022/23 and ESG Report 2023 are available at
https://www.moat.co.uk/about-us/investor-information
Notes
-- Moat owns and manages over 21,000 homes in the UK, spread across South East London, Kent, Essex and Sussex.
-- Moat has helped people in housing need for the past fifty-six years, with a vision to become customer pioneers.
For further information please contact:
Gloria Yang
Executive Director of Finance
Gloria.yang@moat.co.uk
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END
ACSUOSRROAUWUAR
(END) Dow Jones Newswires
August 23, 2023 06:42 ET (10:42 GMT)
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