Operating profit declines at Denplan

Dental capitation plan provider Denplan has reported a sharp decline in operating profit for the year ended 31 December 2023 as cost allocations increased. Turnover was up 4.3% on the previous year at £41.4m but administrative expenses jumped by 19% to £41m, resulting in operating profit of just £400,000 compared to £5.3m in 2022. The company, which…