CareTech Holdings Confident Going Forward As It Performs In Line

6th Mar 2018 13:45

LONDON (Alliance News) - CareTech Holdings PLC said Tuesday at its annual general meeting performance in its year so far has been in line with expectations.

The specialist social care services provider said the acquisition of Selborne Care, completed in June, is performing as expected, while it expects "several" more acquired properties to be operational in 2018.

Discussions with local authorities have shown, CareTech said, fee increases are also as expected. CareTech's financial year ends in September.

Shares were up 0.4% on Tuesday at 401.00 pence each.

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