TIDM59DP

RNS Number : 3925V

BPHA Finance PLC

06 August 2020

bpha 2019/20 Financial statements

bpha today (6 August 2020) released its financial statements for the year ended 31 March 2020 reporting a continuation of its strong financial performance. The report shows that core operating business continues to perform strongly with a margin of 41% (2019: 42%) from an increased turnover of GBP103m. The Development and Sales business also performed well with sales of GBP42m (2019: GBP50m) in a year characterised by underlying economic uncertainty and the initial impact of the Covid-19 pandemic. This was achieved along with high investment rates in existing and new homes, which resulted in the completion of 651 new affordable homes.

   The full financial report is available at:   https://investors.bpha.org.uk

For further information please email investors@bpha.org.uk.

-Ends-

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August 06, 2020 07:18 ET (11:18 GMT)

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