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Ashley House slashes net debt as it eyes profitability in 2019

Ashley House PLC (LON:ASH) has said it is expected to turn a profit in its full-year period after narrowing losses in the first six months.CEO Anthony Walters tells Proactive London how the company is well placed to take advantage of a growing ageing population and their subsequent housing requirements through their JV with Morgan Ashley.
The health and social care property firm said during the six months ended 31 October its health and housing pipeline had grown to 26 schemes with £222.5mln of gross development value, while the pipeline for its modular arm, F1M, had increased to 12 projects with £19.1mln of future value.

 

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