Grants and fee growth result in EBITDAR uplift at Maria Mallaband

Interior of Lace Hill Manor

Government grants and fee rises helped EBITDAR growth at Maria Mallaband Care Group Holdings Ltd despite reduced turnover. The group’s financial results, which cover 40 care homes and not the Countrywide portfolio, showed pro-rated turnover for a 17-month period slipped by 5.1% to £134m (2020: £99.7m). ‘The reduction was driven by a decrease in underlying…

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