Medvivo results

Out-of-hours care provider Medvivo has reported a 4% rise in revenue to £14.2m for the year ended 30 June 2017. Cost of sales were broadly in line with the previous year at £8.6m but administrative expenses soared to £5.3m (2016: £3.8m) leaving operating profit of £480,000 against £590,000 the previous year. EBITDA was down 24%…