Revenues up but surplus down for Housing & Care 21

Ahead of its announcement to exit the homecare market, not-for-profit operator Housing & Care 21 reported a 7.8% rise in revenues from £203.7m to £219.7m for the year ended 31 March 2016. Operating costs and costs of sales stood at £193.1m (2015: £176.5m) leaving the business with an operating surplus of £26.6m, down on the…

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