Belvoir has reported a very strong set of FY 2021 results supported by housing transactions, but most importantly evidencing the long-term value and potential in growing the Lettings and Financial Services (FS) business. Revenue was up +37% (25% organic) and adj. EPS up +36%, all backed by strong cash flow. While housing transactions will likely now normalise, the group is well placed to continue to grow its Lettings business (which is benefiting from higher rents) and further expand its Financi ....
04 Apr 2022
Belvoir Group - Recurring, reliable Lettings and a substantial FS client base
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Belvoir Group - Recurring, reliable Lettings and a substantial FS client base
- Published:
04 Apr 2022 -
Author:
Guy Hewett -
Pages:
11
Belvoir has reported a very strong set of FY 2021 results supported by housing transactions, but most importantly evidencing the long-term value and potential in growing the Lettings and Financial Services (FS) business. Revenue was up +37% (25% organic) and adj. EPS up +36%, all backed by strong cash flow. While housing transactions will likely now normalise, the group is well placed to continue to grow its Lettings business (which is benefiting from higher rents) and further expand its Financi ....