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Home Care Markets Business CareTech navigates challenges with international and digital performing well

CareTech navigates challenges with international and digital performing well

CareTech positive over fee rises
Farouq Sheikh, CareTech’s executive chairman

CareTech navigated through the various challenges presented by Covid-19, staff shortages and inflationary pressures, posting slight revenue growth, while EBITDA remained flat. Its half-year results to the end of March showed revenue grew 2.6% to £249.2m (2021: £243m), with underlying EBITDA at £49.1m (2021: £49.4m). Pre-tax profit fell to £19.2m (2021: £42.3m) and statutory basic…

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