‘Tough year’ for RVG pre sale

Ahead of its sale to AXA Investment Managers – Real Assets in September, Retirement Villages Group (RVG) reported a 28.5% rise in revenues for the year ended 31 March 2017 from £30.9m to £39.7m. After subtracting cost of sales of £27.4m (2016: £16.9m) and administrative expenses of £11.2m (2016: £10.1m), as well as adding a…

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