Trading Statement
Summary by AI BETAClose X
Home Group Limited
Trading update including final results for year ended 31 March 2026
Home Group Limited (Home Group) issues its trading update for the twelve months ended 31 March 2026 including final results.
Commenting on the results, Helen Meehan, Chief Financial Officer said:
"We are pleased to report continued strong and improving performance across many areas of our business for the year ended 31 March 2026 despite the challenging environment and the need to strike a careful balance between investing in our existing homes and communities and investing in much needed new affordable homes.
We ended the year with a surplus before tax of £38.4 million - a £3.6 million improvement on the previous year and ahead of target. We delivered 1,066 new homes in the year, including 818 affordable homes, and have invested £173 million to improve and maintain our existing customers' homes. This included finalising our Social Housing Decarbonisation Wave 2 project and commencing our Warm Homes Fund project. We will continue to focus on improving the quality and energy efficiency of our homes, and ensure customers live in safe, healthy homes.
Our overall customer satisfaction (TSM) is 72.9%, up from 68.2% in the previous year. During the year we have worked towards strengthening our customer engagement through a national customer committee and are committed to continuing to make improvements based on what our customers tell us they want.
The key contributors to our success are our clear strategy, a resilient and agile business plan and passionate and committed colleagues."
The full trading update, the group financial statements for the year ended 31 March 2026 and the latest rating report from Standard & Poor's are available on the Investor Relations page of our website:
https://www.homegroup.org.uk/about-us/corporate/investor-relations-centre
For further information, please contact:
Steve Hallowell
Director of Treasury and Investor Relations
M: 07736 097160
Email: steve.hallowell@homegroup.org.uk
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