Quintain Plc

2013/14 Full Year Results

“We are delighted to announce a strong set of results that reflect the transformation of Quintain. The business has returned to profitability and net asset growth, and we have seeded new sustainable income streams, based in London.” Maxwell James, Chief Executive

£52.9m
profit after tax
115p
NAV per share
£322m
capital recycled
35%
Gearing, now reduced further to 23%
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Wembley Park JV

“Strategically, this deal enables us to establish a sustainable development programme at Wembley Park whilst recycling capital into our growing London investment business.”

Maxwell James, Chief Executive

£22.7m
for the 2.5 acre plot
£9.5m
for associated infrastructure
143
home PRS business
475 homes
to be created by the JV
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