Static year for Signature

Sales remained static for Signature Senior Lifestyle Limited for the year ended 31 December 2012 despite a change in fortune for two of its operational divisions. Turnover stood at £13.92m, a marginal decline on the previous year’s £13.96m. Revenues from the development of its senior living communities dropped to £1.8m (2011: £5.5m) but rose to £11.3m (2011: £8.1m) from operating these facilities. Furthermore, during the report period Signature doubled the turnover from its investment management fees operation to £800,000.