Pre-tax profits at a Warrington-headquartered healthcare property developer jumped past the £100m mark during its latest financial year as it completed a record number of projects.
Assura, which is listed on the London Stock Exchange, has posted profits of £108.3m for the 12 months to March 31, 2021, up 37% from the £78.9m it achieved in its prior year.
The company completed a record 12 developments in the year, up from four, while it grew its portfolio to 609 properties, up from 576 and now serves 5.9m people across the UK.
In the year it also completed 50 acquisitions for £230m and 29 disposals, raising £26m.
Chief executive Jonathan Murphy said: "Over the year we continued to build on our market-leading position, delivering a strong financial performance, a record number of new developments in local communities and significant progress on our social impact strategy, SixBySix.
"With an ageing population and challenges exacerbated by Covid-19, NHS services are under intense pressure.
"Well-designed and located community healthcare spaces that meet the ever-changing requirements of GPs and their patients will play an essential role in reducing this pressure on hospitals and the wider health service.
"With our largest ever development pipeline and deep understanding of the NHS, we are well-placed to continue delivering such space and to support it through key emerging trends including digitalisation, the integration of healthcare systems and mental health support.
"The NHS is seeking to become the world's first net zero carbon health system and we have set tough targets for ourselves, as we believe our contribution to improving health in communities must reach far beyond our buildings.
"After another successful year, we look forward with confidence to progressing our strategy and continuing to deliver value for our shareholders and wider stakeholders."
