4th Mar 2014 13:21
LONDON (Alliance News) - CareTech Holdings said that it was trading in line with expectations in a statement ahead of its annual general meeting Tuesday.
The specialist care and housing support services company said it continued to see demand for its services at a good level, and its new schemes that are in development are progressing well.
CareTech said that ongoing fee discussions with local authorities provided early indications that the current fee environment is consistent with its expectations. It anticipates a small positive change compared with 2013.
The company's integration of EQL Solutions, which it acquired in November 2013, has progressed well in the past four month. EQL provides training for young people, including apprenticeships.
Shares in CareTech were trading down 1.1% at 222.00 pence Tuesday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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