Thursday, 29 November 2018

Sector Scorecard Results Reveal Fall In Average Operating Margin

The ‘Sector Scorecard’ figures for housing associations show a fall in the sector’s overall operating margin.  The scorecard, which was developed by housing associations in 2016, provides benchmark figures for 15 areas which are seen as key to housing association business performance. Some of the metrics are used by the English regulator to assess the ‘value for money’ performance of housing associations. Last year the scorecard was piloted with 315 housing associations, with this year’s report taken from data provided by 329, owning 2.3 million homes and representing 80% of the sector by stock. It revealed the average operating margin has fallen more than two percentage points to 27.89% from 30.3% last year. Read more on Inside Housing.
https://www.insidehousing.co.uk/news/sector-scorecard-results-reveal-fall-in-average-operating-margin--59307?utm_source=Housing60&utm_medium=email&utm_content=article_link&utm_campaign=H60

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