Care UK increases interim sales and profits

Care UK’s interim results for the six months ended 31 March 2003 were ahead of market expectations, showing a 25% improvement in operating profits, before revenue investment development projects (RIDP) and goodwill, at £5.94m (2002: £4.75m). Turnover also increased, rising 12% to £51.55m (2002: £45.99m). Earnings rose 24% to £7.3m before interest, tax, depreciation and…