Yields up but profits down at Orchard

Orchard Care Home’s parent company experienced a 30% increase in turnover for the year ended 31 March 2014. Orchard Care Homes.Com Holdings Limited reported revenues of £105.3m (2013: £80.9m), £76.9m of which was from existing operations (2013: £72.2m) and £23.2m from acquisitions (2013: nil). The figure also includes £6.1m from discontinued operations (2013: £8.8m).