22 June 2018
A picture of Moody’s confirms credit rating for Sanctuary Group

Sanctuary has retained its A2 stable credit rating from Moody’s Investors Service following a review of the Group’s operating and financial performance.

Moody’s report cited Sanctuary’s strong governance and financial management, and network of operations across the country as key credit strengths.

The Group’s strategy and business model, including its development programme and aim to increase its number of care homes, were also seen as positive.

Sanctuary currently has over 100,000 units of accommodation in management across England and Scotland, and revenue of £670million.

Craig Moule, Sanctuary Group’s Chief Financial Officer, said: “By confirming Sanctuary’s credit rating, Moody’s is demonstrating its confidence in our ability to manage and grow the Group in line with our business plan, and maintain our presence as one of the UK’s leading housing and care providers.”

Sanctuary also has an A+ rating from Standard & Poor’s.