The housing sector companies specialist mentioned group revenue earlier than tax for the primary half will are available “modestly forward” of 2024, buoyed by rising demand for upkeep work and a full 12 months of contract wins holding agency.
Income and adjusted pre-tax revenue for the complete 12 months are actually anticipated to hit at the very least £1bn and £54m, respectively – forward of earlier forecasts.
Progress has been led by its Upkeep arm, the place tighter regulation is prompting extra spend from social landlords. The division has additionally benefited from 100% contract retention over the previous 12 months.
The group will publish interim outcomes for the six months to 30 June in early August.
