3rd Mar 2015 10:01
LONDON (Alliance News) - Social care services company CareTech Holdings PLC on Tuesday said it is trading in line with expectations and expects the fees it receives to move higher slightly in 2015.
CareTech Executive Chairman Farouq Sheikh, in a statement to be made at the company's annual general meeting, said its trading is in line with expectations for the financial year to the end of September.
Sheikh said the company is in ongoing fee discussions with local authorities and said that while the process is at an early stage, the indications are that its fees for 2015 will be slightly higher year-on-year.
CareTech shares were up 1.6% to 230.00 pence on Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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