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Home Care Markets Business Occupancy and fees help revenue grow at Meallmore

Occupancy and fees help revenue grow at Meallmore

CGI of the Meallmore Ayr development

Group turnover at Scottish operator Meallmore has grown 7.7%, reflecting rising occupancy levels, increasing fee rates and fill-up of constructed or bought homes. Revenue reached £52.5m during the year ended 31 March 2019, up from £48.8m the year previous, while operating profit grew to £7.8m, from £7.4m. Pre-tax profit increased to £6m, up from £5.6m….

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