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Home Care Markets Business CareTech posts positive results as turnaround of Cambian continues

CareTech posts positive results as turnaround of Cambian continues

Farouq Sheikh, CareTech executive chairman

Group revenue at CareTech for the half year has risen 8.3% to £208.5m (H1 2019: £192.5m), reflecting the continued turnaround of Cambian and fee increases. Results for the six months to 31 March showed underlying EBITDA grew to £48.6m, up from £33.3m, while underlying profit before tax increased to £25.9m (2019: £20.7m). Its interim results…

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