Record homebuilding and major investment mark another strong year of performance for Abri

Abri has published its 2025/26 annual report, highlighting another year of strong performance, major investment into homes and communities and the launch of an ambitious new corporate strategy.

Key highlights from the year include:

• £447 million group turnover
• £123 million operating surplus
• £357 million into new homes
• £135 million investment into existing homes

Abri reports a group turnover of £447 million, increasing by £71 million year on year, and an operating surplus of £123 million. Income from rentals increased by £55 million and property sales by £8 million with a full year of care and support and charity shops contributing to the increase.

The organisation continues to invest record amounts into its homes and services, including investing £135 million into existing homes (2025: £130 million), including £19 million on building and fire safety improvements and £14 million on energy efficiency. Additionally, the group delivered 1,123 new homes, a record number of new homes delivered in a single year for the group supported by joint ventures, grant funding through Abri’s strategic partnership with Homes England and existing financial arrangements.

The report marks an important milestone following the full integration of Octavia Housing into the group and the launch of Abri’s new 2026-2031 corporate strategy. The strategy sets bold new ambitions for the group which aims to place the organisation as top 5 by scale, for customer satisfaction and top place to work. The strategy commits to building 20,000 new homes by 2036, investing £450 million into existing homes, the creation of a new Homes and Place Standard, and continuing to set the standards in good governance, financial resilience and social impact.

Operating surpluses increased to £123 million despite investing over £135 million into existing homes. Supply of and demand for homes remained high in the year, despite ongoing economic uncertainty, with volumes increasing by 25%. Income from first tranche sales contributed £59 million, an increase of £7 million. The group's EBITDA MRI increased in the year from 99.7% in 2024-25 to 128.9% in 2025-26.

In the year Abri retained its G1/V1 rating from the Regulator of Social Housing and its A3 stable credit rating from Moody's, reflecting the organisation's continued financial strength, effective governance and long-term resilience. The group owns and manages more than 59,000 homes and assets, supporting 117,000 customers across the south of England and west London.