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Home Care Markets Business Shares in Cambian nosedive after disappointing results

Shares in Cambian nosedive after disappointing results

Shares in specialist care operator Cambian dropped by 10% last month after it posted disappointing results for the year ended 31 December 2015.Revenue was up 21% to £290.1m as total capacity after adjustments rose 12% to 2,989. However, revenue growth was lower than budgeted and additional costs which, together with lower occupancy levels in the…

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