Mears reports underlying trading in care is improving

Care Markets Eleanore Robinson -
Mears Group has said, despite challenging market conditions, underlying trading in its care division has shown improvement month-on-month through the first half of the...

MAREF raises further £85m

Care Markets Eleanore Robinson -
The Moorfield Audley Real Estate Fund has announced it has raised a further £85m from its existing investors to acquire and develop new Audley...

Challenging conditions leads Sevacare to consolidation focus

Care Markets Eleanore Robinson -
While revenues rose, like many of its homecare contemporaries, profits were down for Sevacare its accounts for the year ended 31 August 2016 show. Thanks...

Government to go ahead with Green Paper

Care Markets Eleanore Robinson -
It was more about what wasn’t in this week’s Queen’s Speech when it came to social care. Without the hoped for mandate from the...

Runwood directors report a ‘solid year’ but profits are down

Care Markets Eleanore Robinson -
Runwood Homes saw its revenues rise 10.7% from £105.9m to £117.4m for the year ended 30 September 2016. Cost of sale rose to £75.2m...

CareTech adds Selborne to extend geographical reach

Care Markets Eleanore Robinson -
CareTech has expanded its operation further with the acquisition of residential care provider Selborne Care Limited for £16.9m. Based in Droitwich in Worcestershire, Selborne provides...

CareTech’s impressive growth continues

Care Markets Eleanore Robinson -
CareTech reported another impressive six months in terms of growth but the AIM-listed specialist care provider’s profits were down on the comparable period in...

Sanctuary acquires 35 homes from Embrace

Care Markets Eleanore Robinson -
The Sanctuary Group has boosted its care operations by acquiring 35 residential care homes and a supported living scheme from Embrace Group, taking the...

Revenues rise but losses grow for Acorn

Care Markets Eleanore Robinson -
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...

Chairing the board

Care Markets Eleanore Robinson -
Group chairman of Castleoak and former chief executive of Voyage Care Douglas Quinn tells Tim Barsby of Carter Schwartz about his leadership style Tim Barsby...
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