Occupancy and fees help revenue grow at Meallmore

CGI of the Meallmore Ayr development

Group turnover at Scottish operator Meallmore has grown 7.7%, reflecting rising occupancy levels, increasing fee rates and fill-up of constructed or bought homes. Revenue reached £52.5m during the year ended 31 March 2019, up from £48.8m the year previous, while operating profit grew to £7.8m, from £7.4m. Pre-tax profit increased to £6m, up from £5.6m….

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