Profits drop for Ashley House

Revenues remained steady but profits dropped significantly Ashley House’s preliminary results for the year ended 30 April 2015 show. Turnover stood at £8.4m (2014: £8.3m) but the company reported a gross loss of £216,000 (2014: profit £560,000) and EBITDA before exceptionals and impairment showed a loss of £3.4m (2014: loss £2.6m). This led to a pre-tax loss of £11.8m (2014: loss £4.7m).

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