TIDM93LF

RNS Number : 2693U

Home Group Ld

29 July 2022

Home Group Limited

Trading update for year ended 31 March 2022

Home Group Limited (Home Group) issues its unaudited Group trading update for the twelve months ended 31 March 2022.

Commenting on the results, Mark Henderson, Chief Executive said:

"As we emerge from the pandemic, we have seen an increasingly uncertain and changeable business environment. Rising prices, particularly for food and energy costs, combined with wages and benefits not keeping pace with inflation, have created a cost of living crisis.

That is why we have been working extremely hard to support our customers. On average, our financial inclusion team has saved those customers who we've engaged with around GBP500 each. We are continually looking at ways to improve the support we provide.

Rising energy prices represent an increasing challenge to many, and in addition to providing proactive support and advice, we recognise that improving the energy efficiency of our homes will help reduce the risk of fuel poverty. It is not only the right thing to do for our customers, but of critical importance to the environment. We have a clear plan for all our homes to meet the challenge of net zero.

Against this backdrop we are pleased to report a surplus before tax of GBP28.1 million in 2022, which is slightly lower than the previous year. This has been a year focussed on recovery, with a significant increase in spend on maintenance, reflecting catch up of work which had to be deferred during periods of lockdown."

The full trading update is available at:

https://www.homegroup.org.uk/media/zgafnmvu/home-group-unaudited-results-2022-final.pdf

For further information, please contact:

Steve Hallowell

Director of Treasury and Investor Relations

M: 07736 097160

Email: steve.hallowell@homegroup.org.uk

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

TSTRLMLTMTATMRT

(END) Dow Jones Newswires

July 29, 2022 05:58 ET (09:58 GMT)

Home Gp 43 (LSE:93LF)
過去 株価チャート
から 11 2024 まで 12 2024 Home Gp 43のチャートをもっと見るにはこちらをクリック
Home Gp 43 (LSE:93LF)
過去 株価チャート
から 12 2023 まで 12 2024 Home Gp 43のチャートをもっと見るにはこちらをクリック