LifeCare Residences reports £19m profit as it targets growth

LifeCare Residences reported a pre-tax profit of £19.5m (2017: £22.8m) in the year ended 31 March 2018, with the company operating three ‘fully sold-down’ retirement villages in the UK. In terms of its growth strategy the group is going through a planning application process for a village in Hampstead, London, as well as a nursing…