Organic revenue growth in lettings of +3%, +6% in financial services and an 11% contribution from acquisitions combined to offset the natural decline in revenues from sales as the market normalised from very high levels, resulting in a +12% increase in group revenue (+1% organic). The benefits of continuing to invest both directly (by buying smaller competitors and diversifying into financial services) and indirectly (by loaning funds to franchisees to acquire – which yields both a financial ret ....
05 Sep 2022
Belvoir Group - Strong pipelines, diversifying and potential to invest
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Belvoir Group - Strong pipelines, diversifying and potential to invest
- Published:
05 Sep 2022 -
Author:
Guy Hewett -
Pages:
9
Organic revenue growth in lettings of +3%, +6% in financial services and an 11% contribution from acquisitions combined to offset the natural decline in revenues from sales as the market normalised from very high levels, resulting in a +12% increase in group revenue (+1% organic). The benefits of continuing to invest both directly (by buying smaller competitors and diversifying into financial services) and indirectly (by loaning funds to franchisees to acquire – which yields both a financial ret ....