Wheatley Group maintains A+ rating in S&P review

Published 04/06/2025, 15:48
Wheatley Group maintains A+ rating in S&P review

LONDON - Wheatley Group, a prominent UK housing, care, and property management organization, has retained its A+ credit rating with a stable outlook following its annual review with S&P Global. Since 2019, the Group has consistently held this rating, demonstrating solid financial management amidst economic challenges.

The review conducted by S&P Global in April scrutinized Wheatley’s financial performance, business strategies, and the regulatory environment in Scotland. The findings underscored the Group’s prudent business planning and asset management, which are seen as strengths that position Wheatley well for future regulatory changes.

S&P Global’s assessment highlighted the stable outlook as a reflection of the company’s ability to navigate cost and investment pressures effectively. The agency also recognized Wheatley’s ongoing investments in its asset base, which align with the Scottish government’s evolving environmental standards.

Steven Henderson, Chief Executive of Wheatley Group, expressed satisfaction with the annual review results, emphasizing the importance of a robust financial position for the organization. He credited the successful outcome to the commitment of Wheatley’s staff, board members, and partners, which has been integral to the Group’s ability to adapt and fulfill its mission of improving homes and lives.

Wheatley Group manages over 94,000 homes and operates across 19 local authority areas in Scotland, providing services that have garnered accolades for their quality.

The information in this article is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.