Hyde maintains A+ credit rating

Posted on 29 July 2022

We’re delighted to have our A+ credit rating, with a stable outlook, reaffirmed by ratings agency S&P Global.

“This is a great result, considering all the economic pressures the housing sector is under at the moment,” said Rod Holdsworth, Chief Financial and Resources Officer.

“The A+ stable rating demonstrates that we’re in a strong financial position, despite rising costs due to inflation, and the significant investment we’re making in building safety, and in improving the energy-efficiency of our homes.

“This means our customers, staff and our wider stakeholder community know they can count on us in the challenging years ahead, that we’ll continue to provide affordable homes that are safe, decent and energy efficient, and that we’ll continue to build more of them.”

You can download S&P Global’s full credit rating report from our Investor hub.