Wrexham Glyndŵr University reports surplus position for third year running

Wrexham Glyndŵr University has announced that it in a surplus position for the third year running, reporting £4.1m of cash – a significant increase compared with £2.8m in 2016/17.

Director of Finance, David Elcock, said: “The university is an important economic driver of success for the North Wales economy and supports regional and national skills development.

“We have previously experienced financial challenges but with the support of our key stakeholders, we have continued to re-establish ourselves – resultant in a third successive year of operating surplus.

“The ongoing implementation of our finance strategy will see us continue with sustained financial health and remain on track in delivering our mission to inspire and enable; transforming people and places and driving economic, social and cultural success.

“We continue to be confident about our financial outlook.”