Cygnet continues investing in services

Psychiatric care services provider Cygnet in its report and accounts for the year ended 31 October 2011 reported continuing investment in new services to the tune of £1.6 m (2010: £1.1m). Revenue was £78.2m, down slightly from £81.7m in 2010. Group EBITDA was £20.8m (2010: £22.5m) but the figure before costs of the retool of a number of wards and new hospital was £22.4m (2010: £23.6m).

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