AT Medics posts jump in turnover

The increasing cost of locums has held back profits at primary care provider AT Medics. Turnover was up 35% to £21.6m for the year ended 31 March 2016. However, cost of sales burgeoned from £9m in 2015 to £12.4m this time around, leaving gross profit of £9.2m against £7m the previous year. Administrative expenses increased…