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Mon September 23 2024

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Record results for United Living

20 Sep 19 United Living, the maintenance and new housing contractor, has filed record financial results for its final independent year.

United Living was taken over by utilities and property services contractor Fastflow Group in June but for the year ending 31st March 2019 it made a pre-tax profit of 拢3.5m, up from 拢1.9m the previous year.

Turnover for the year was up 15% at 拢275m (2018: 拢240m).

EBITDA rose by 8% to 拢11.5m (2018: 拢10.7m) and cash balances have increased from 拢20.6m to 拢33.3m.

Fastflow Group chief executive Neil Armstrong said: 鈥淲e are delighted with the continued sustainable growth of United Living, which is a testament to the hard work and commitment of all of our people. The enlarged group will provide more opportunities for further progress.鈥

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