Revenues rise but losses grow for Acorn

In the report period it was acquired by the National Foster Agency, Acorn Care and Education reported an 6.8% rise in revenues from £114.6m to £122.4m for the year ended 31 August 2016. Cost of sales stood at £72.5m (2015: £68.6m) and administrative expenses were £46.3m (2015: £52.4m). However, exceptional costs relating to the sale…