Cygnet sees less loss than 2011

Psychiatric care services provider Cygnet in its report and accounts for the year ended 31 October 2012 reported an increase in revenue to £81.4m (2011: £78.2m). Operating expenses of £70.0m (2011: £68.4m)together with finance expenses of £18.0m (2011: £17.7m) meant a loss before tax of £6.6m slightly down on the £7.9m loss in 2011.Cygnet is…