Business

MITIE reported a 9.5% drop in operating profit to £58.1m for the six months ended 30 September 2015, which the directors said largely reflected...

AIM-listed specialist care provider CareTech is to acquire residential childcare business ROC North West for up to £11.4m. The deal comprises a net initial cash...

Somerset Care experienced a small drop in revenues from £80.8m to £80.1m for the year ended 31 March 2015. After subtracting cost of sales of...

In a trading update to the London Stock Exchange last month, Mears Group reported that trading remains challenging’ for its care business.

After almost a year on the market, pan-European investor Aurelius Group has acquired Allied Healthcare, the UK’s largest domiciliary care provider, for £19m.Under the...

The ExtraCare Charitable Trust reported a 17.9% drop in turnover for the year ended 31 March 2015 from £68.1m to £55.9m. Deducting operating costs of...

Unlike many of its peers, Barchester Healthcare had a solid financial 12-month period in the year ended 31 December 2014. Revenues rose from £495.5m to...

In what the directors described as a disappointing year’, Shaw Healthcare reported a marginal rise in revenues from £87.5m to £87.8m for the year ended 31 March 2015. After operating costs of £69.4m (2014: £69.2m) and administrative expenses of £11m (2014: £12.2m) were deducted, the care provider posted a 22.8% increase in operating profit from £6.1m to £7.5m. However, its 2014 operating figure before exceptional items, including restructuring costs of £260,000 and an impairment charge of £2.1m, stood at £8.3m, higher than the comparable figure of £7.7m for 2015.

AK (SPV) Limited, the parent company of Akari Care, reported £43m in turnover for the year ended 31 October 2014, a £1m rise on...

Life Style Care (2010) plc reported revenues of £20.9m for year ended 31 March 2015, an increase of 7.7% on the previous year’s £19.2m. Taking...