Care UK reports strong profits rise

Care UK has reported preliminary results for the year ended 30 September 2003 showing a 17.1% improvement in operating profits, before revenue investment development projects (RIDP) and goodwill, at £13.34m (2002: £11.39m) on turnover 10.6% higher at £108.2m (2002: £97.8m). EBITDA, before RIDP, was 14% higher at £15.86m. Profits before taxation increased 18.2% to £9.26m…