Greensleeves Homes Trust

Summary 3-year performance

▪ Set out below are the summary figures for Greensleeves over the last 3 years

▪ They show a steady rise in turnover despite the impact of Covid on occupancy

▪ With operating earnings adversely impacted by the sharp rise in costs

2022

2023

2024

2024 Incr. on 2022

2024 Incr. on 2023

No. of beds

1,188

1,252

1,275

87

23

Occupancy

87.7%

86.9%

88.9%

1.2%

2.0%

Turnover

£53.6m

£65.1m

£79.9m

49.1%

22.7%

Underlying EBITDA Exceptional items Development impact

£1.1m

£7.3m

£8.4m

663.6%

15.1%

n.a.

(£4.8)m

(£2.0)m

-

-58.3%

(£2.8)m (£4.8)m

(£4.9)

75.0%

2.1%

EBITDA*

£1.1m

(£2.3)m

£1.5m

36.4%

165.2%

Surplus/(loss) on asset sales

(£0.04)mm

-

£0.8m

Loan interest

(£3.1)

(£3.3)m

(£3.3)m

£0.2m

-

*(excl. asset sales and revaluation impact)

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