other material
confidence high
sentiment negative
materiality 0.60
KWE FY2024 net loss narrows to £61.8m, revenue falls 32% to £113.0m
Kennedy-Wilson Holdings, Inc.
- Revenue £113.0m, down from £165.6m YoY, driven by sale of The Shelbourne Hotel and other assets.
- Rental income £105.6m vs £118.1m; fair value loss on properties £16.0m (vs loss of £131.5m in 2023).
- Net loss after tax £61.8m (2023: loss of £147.3m); cash balance £49.8m, down from £93.1m.
- Investment property portfolio valued at £1,100.0m; no dividends paid in 2024.
- KWE made £236.1m in loan repayments during the year (2023: £162.5m).