Cambian reports shortfall in expectations

In a stock exchange statement, specialist care provider Cambian has said it believes that its underlying EBITDA for the year ended 31 December 2015 will be no less than £54m, representing growth of 7.5% on the prior year, following the receipt of its September management accounts. It also expects adjusted EBITDA for the year to be no less than £49m (2014: £48.4m) – a shortfall on previous expectations.