Revenue at CareTech grows 11%

CareTech positive over fee rises
Farouq Sheikh, CareTech’s executive chairman

Revenue at CareTech rose by 11.2% to £87.6m in the six months ended 31 March 2018 (H1 2017: £78.8m), its latest financial statement has revealed. Underlying EBITDA increased by 6.6% to £19.5m (H1 2017: £18.3m), while underlying pre-tax profit rose by 5.3% to 13.8m (H1 2017: £13.1m). The specialist social care provider’s net assets rose…

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