Quality issues dampen contract wins at Shaw Healthcare

Shaw Healthcare Group has reported a ‘disappointing’ financial performance despite growing turnover from new contracts. Revenue grew 12.8% to £112m last year (2019: £99.6m) but pre-tax profit reduced to £400,000, from £4.4m, while EBITDA fell to £6.7m, from £11.5m. This was largely because of quality issues at three care homes in West Sussex. Shaw Healthcare’s…