Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Housing association giant increases spend on existing stock from £393m to £418m
Clarion has reported a 10% drop in both its turnover and surplus for 2023/24.
The 125,000-home housing association giant, in its financial statements for the year to 31 March, has reported turnover of £993m, down from £1.1bn last year.
Its overall surplus also fell from £97m to £87m, and its operating surplus, which excludes one-off items, dropped from £261m to £237m.
The group’s operating surplus from core social housing lettings increased 12% from £162m to £182m.
Already registered? Login here
Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:
It takes less than one minute….
… or subscribe for full access - Subscribe now