Ramsay makes headway despite tariff reductions

‘Challenging tariff environments’ have pegged back profits at Ramsay’s European businesses, the company said today as it announced results for the year ended 30 June 2017. UK revenue was up 4.6% to £449.2m. However, tariff reductions impacted on margins and EBITDAR growth slowed – rising 1.7% t0 £113.9m. The business, which derives around half its…

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