Continued expansion drives revenue growth at Cygnet

US-owned mental health provider Cygnet Health made solid progress in the year ended 31 December 2018 as good occupancy levels and organic growth helped drive a 12% increase in revenue to £375.6m. Including deal costs related to acquisitions, operating expenses were up 15% to £338.9m, leaving operating profit after significant items of £37.2m against £41.1m…