6th Jun 2016 07:00
Cambian Group plc
("Cambian" or "the Group")
AGM Statement
6 June 2016
At the Annual General Meeting to be held at 12:00 today the Chairman, Christopher Kemball, will make the following comments:
"I am pleased to report that Cambian continues to trade in-line with the Board's expectations and we are implementing and seeing the benefits of our remedial action programme.
"Despite the challenges we faced last year, we should not lose sight of the fact that Cambian remains fundamentally a good business with a strong value proposition for its customers.
"We set ourselves a clear agenda: continue to implement the remedial action programme; ensure we meet our obligations under the agreed terms for the amendment of our bank facilities; and continue to deliver the highest quality specialist services our customers demand.
"I look forward to updating shareholders on our progress as we progress through the year."
Ends
Cambian Group plc Tel: +44 (0) 20 8735 6150
Christopher Kemball, Chairman
Saleem Asaria, Chief Executive
Instinctif Partners Tel: +44 (0)20 7457 2020
Mark Garraway
James Gray
About Cambian:
Cambian Group is one of the UK's leading specialist behavioural health service providers. Founded in 2004, it has grown to become a significant partner to the UK Government. The Group's services have a specific focus on children and adults who present high severity needs with challenging behaviours and complex care requirements. Cambian employs approximately 7,000 people across a portfolio of over 300 purpose-designed facilities and 10 fostering offices located in England and Wales.
Related Shares:
Cambian Group