Unite Group

Unite Students is the UK’s leading manager and developer of student accommodation. We provide a home for over 46,000 students in 132 purpose built properties across 28 of the UK’s strongest university towns and cities. We have over 1,000 employees and work in partnership with more than 60 higher education providers, as well as renting rooms directly to students. Our culturally-diverse customers are at the heart of our business and we aim to provide a home for students which supports their success, whether defined as academic achievement, personal growth or employability. Our properties provide high quality, well-located, safe accommodation that is close to University campuses, transport and local amenities. Our rent includes a study bedroom, all bills, insurance, 24-hour security, fortnightly kitchen cleans and high speed Wi-Fi throughout our buildings. Founded in 1991, The Unite Group plc is a FTSE 250 company listed on the London Stock Exchange. We are pursuing a sustainable growth strategy designed to make the most of the resilient nature of the student accommodation sector. We aim to maintain the strongest brand in the sector and operate the highest quality portfolio through consistent investment in and improvement to our operating platform, highly selective development activity, asset management initiatives and portfolio recycling. In addition to our wholly owned properties, we are also invested in and operate a small number of specialist funds and joint ventures with institutional investment partners, the largest of which is the £1.5 billion Unite UK Student Accommodation Fund (USAF). The Group’s charitable trust, the Unite Foundation provides free student accommodation and a generous annual scholarship to around 125 young people in the UK who aspire to a degree but face the most challenging circumstances. Our corporate website www.unite-group.co.uk, our student site www.unite-students.com & the Unite Foundation www.unitefoundation.co.uk
Company Growth (employees)
Type
Public
HQ
Bristol, GB
Founded
1991
Size (employees)
1,088 (est)
Unite Group was founded in 1991 and is headquartered in Bristol, GB

Unite Group Office Locations

Unite Group has offices in Bristol, Manchester, Leeds, London and in 13 other locations
Bristol, GB (HQ)
The Core 40 St Thomas St

Unite Group Data and Metrics

Unite Group Financial Metrics

Unite Group's revenue was reported to be £208.8 m in FY, 2015 which is a 92% increase from the previous period.
Numbers are in £, GBP

Revenue (FY, 2015)

208.8 m

Revenue growth (FY, 2014 - FY, 2015), %

92%

Gross profit (FY, 2015)

93.9 m

Gross profit margin (FY, 2015), %

45%

Net income (FY, 2015)

355.7 m

Market capitalization (25-May-2017)

1.4 b

Closing share price (25-May-2017)

6.3

Cash (31-Dec-2015)

27 m
Unite Group's current market capitalization is £1.4 b.
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015

Revenue

101.6 m108.5 m208.8 m

Revenue growth, %

7%92%

Cost of goods sold

41.8 m50 m114.9 m

Gross profit

59.8 m58.5 m93.9 m

Gross profit Margin, %

59%54%45%

Pre tax profit

77.1 m108.4 m388.4 m

Net Income

79.3 m104.8 m355.7 m
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015

Cash

43.2 m41.4 m27 m

Accounts Receivable

2.2 m1.9 m2.3 m

Current Assets

157.9 m158.8 m113.6 m

PP&E

1.1 b1.3 b1.8 b

Total Assets

1.3 b1.5 b1.9 b

Accounts Payable

16.5 m16.6 m20.7 m

Current Liabilities

117.2 m115.5 m149.1 m

Retained Earnings

(7.5 m)(10.7 m)(31.9 m)

Total Equity

653.3 m842.5 m1.3 b

Financial Leverage

2 x1.7 x1.5 x
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

5.9 m44.7 m120.8 m

Cash From Financing Activities

(3.3 m)30.6 m33.6 m

Income Taxes Paid

2.2 m(3.6 m)(32.7 m)
Numbers are in £, GBPY, 2015

Revenue/Employee

202.2 k

Financial Leverage

1.5 x

Unite Group Market Value History

Unite Group Online and Social Media Presence

Unite Group News and Updates

Unite Group Company Life and Culture

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