2022 followed on from the strongest year for property in recent history, but Belvoir has, nevertheless, reported a robust set of full-year results further evidencing the power of its franchised model and strategy. FY 2022 revenue was up +14% (+2% like-for-like), gross profit up +6% and adj. PBT down -1% as the resilient Lettings income and expanding Financial Services business continued to grow (both +4% LFL), while housing Sales fell (-15% LFL) as market conditions weakened and administrative c ....

27 Mar 2023
Belvoir Group - Debt free, entrepreneurial and diverse

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Belvoir Group - Debt free, entrepreneurial and diverse
Belvoir Group PLC (BLV:LON) | 214 3.2 0.7% | Mkt Cap: 79.8m
- Published:
27 Mar 2023 -
Author:
Guy Hewett -
Pages:
13 -
2022 followed on from the strongest year for property in recent history, but Belvoir has, nevertheless, reported a robust set of full-year results further evidencing the power of its franchised model and strategy. FY 2022 revenue was up +14% (+2% like-for-like), gross profit up +6% and adj. PBT down -1% as the resilient Lettings income and expanding Financial Services business continued to grow (both +4% LFL), while housing Sales fell (-15% LFL) as market conditions weakened and administrative c ....