Advinia reports growing EBITDA despite fall in revenue

Cost management strategies helped grow EBITDA at Advinia Health Care Ltd, despite the provider reporting a dip in turnover. Its financial results said post-Covid-19 occupancy and a fall in the number of high dependency residents resulted in turnover declining in the year ended 31 March 2024. Group turnover fell to £97.2m (2023: £103.4m), with cost…