22nd Jun 2018 07:00
Cambian Group PLC
Trading Update ahead of AGM
Cambian Group PLC ('Cambian', 'the Group', 'the Company'), one of the UK's leading specialist education and behavioural health services providers, releases the following trading update ahead of its Annual General Meeting later today.
Our focus this year has been to continue to improve the quality of our services whilst re-positioning services to higher severity with corresponding fee increases. The Group's trading for the five months to 31 May 2018 is in line with the Board's expectations and circa 80 per cent of published inspections were rated as "Good" or "Outstanding" by Ofsted or equivalent. The Company expects to announce its results for the six months ending 30 June 2018 in September 2018.
Further Enquiries
Cambian Group plc +44 (0) 208 735 6150 | CNC +44 (0) 203 755 1600 |
Saleem Asaria, Chief Executive Officer Anne-Marie Carrie, Chief Operating Officer Anoop Kang, Chief Financial Officer | Richard Campbell +44 (0) 777 578 4933 Katherine Fennell +44 (0) 797 182 8445 |
About Cambian:
Cambian Group is one of the UK's leading children's specialist education and behavioural health service providers. Founded in 2004, it has grown to become a significant partner to the UK public sector. The Group's services have a specific focus on children who present high severity needs with challenging behaviours and complex care requirements. Cambian looks after 2,000 children and employs over 4,500 people across a portfolio of 222 residential facilities, specialist schools and fostering offices located in England and Wales.
No statement in this update is intended to be a profit forecast, and no statement in this update should be interpreted to mean that earnings per share of the Company for the current or future financial years would necessarily match or exceed the historical published earnings per share of the Company.
Related Shares:
Cambian Group