Accent Group Limited Announces Financial Results for 2025/26
Accent Group Limited is pleased to announce its financial results for the year ended 31 March 2026.
The results demonstrate a strong financial position despite continued economic pressures across the housing sector, enabling Accent to continue investing in both existing homes and the delivery of new affordable housing.
Operating margin for the year remained robust at 19.7% (including other sales, reflecting continued investment in services and existing homes, with £44.8m invested in existing homes during the year ended 31 March 2026.
Accent also continued to deliver against its long-term development ambitions through the Homes England Strategic Partnership. During 2025/26, £111m was committed to new homes, with 395 homes completed and handed over. Of these, 90% have been developed to EPC A, supporting the delivery of safe, warm and energy-efficient homes for customers.
Total comprehensive income for the year was £19.7m, a reduction of £4.2m compared with the previous year, reflecting higher operating costs and pension movements.
The Group's balance sheet remains strong, with fixed assets increasing to £1,193m, an increase of £115m, and net assets rising to £209m, an increase of £20m year on year. Cash balances of £88m were held at 31 March 2026.
Key ratios for the 2025/26 financial year were as follows:
- EBITDA-MRI / Interest Expense: 122% (2024/25: 158%)
- ROCE: 2.6% (2024/25: 3.2%)
- Gearing: 43% (2024/25: 42.1%)
Nick Apetroaie, Chief Executive Officer, said: "These results demonstrate the financial strength that enables Accent to continue investing for the long term. In a challenging operating environment, we have maintained a resilient financial position while investing significantly in existing homes, delivering hundreds of new energy-efficient homes and continuing to strengthen the services we provide for our customers.
"As we enter the next phase of our Corporate Strategy, we do so from a position of stability and purpose. Our focus remains on delivering safe, high-quality homes, improving the customer experience and making the right long-term decisions to ensure Accent continues to create lasting value for both our customers and our stakeholders."
Please follow the link to view the Annual Report & Financial Statements for Accent Group Limited. The Annual Report & Financial Statements for Accent Capital PLC will appear on the investors' page of Accent's website shortly after the AGM to be held in late August 2026.