Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCTH.L Share News (CTH)

  • There is currently no data for CTH

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

CareTech ups dividend as profits improve

Thu, 06th Dec 2018 08:08

(Sharecast News) - Social care provider CareTech recorded improved profits in its last trading year, leading the group to propose an increase to its full-year dividend.Underlying EBITDA rose 10% to £43.9m, while revenues and pre-tax profits both grew 11.9% to £185.7m and £32.9m, respectively.As a result of the strong trading, CareTech proposed an 11.1% increase of its full-year dividend to 11p.Cash inflows from operating activities improved 39.8% to £30.9m, while net debt was stable at £147m.Chairman Farouq Sheikh, said: "This is a special year for CareTech in achieving a memorable milestone of 25 years in business and also celebrating the 13th year in the public markets."Looking forward, Sheikh added: "I have no doubt that the next few years will see continuing growth and care excellence which will help deliver our target of double digit growth in underlying EPS."As of 1105 GMT, CareTech shares had slipped 2.82% to 344p.
More News
28 Apr 2021 16:07

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
22 Apr 2021 18:48

TRADING UPDATES: Solid State ends year strongly; Deltex loss widens

TRADING UPDATES: Solid State ends year strongly; Deltex loss widens

Read more
22 Apr 2021 09:04

CareTech trades in line during H1

(Sharecast News) - Social care and education services provider Caretech said on Thursday that it has traded in line with market expectations throughout the first half of its financial year, with stronger revenues and increased underlying earnings year-on-year.

Read more
9 Mar 2021 17:52

IN BRIEF: CareTech trading in year to date meets expectations

IN BRIEF: CareTech trading in year to date meets expectations

Read more
9 Mar 2021 11:12

CareTech trading in line as it navigates Covid and lockdowns

(Sharecast News) - Social care and education services provider CareTech said on Tuesday that its trading in 2021 to-date was in-line with its and the market's expectations, and it had successfully maintained its "proactive approach" to managing the impact of the Covid-19 pandemic.

Read more
2 Mar 2021 16:01

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
22 Jan 2021 09:32

LONDON BROKER RATINGS SUMMARY: Deutsche Bank Ups British Land, Landsec

LONDON BROKER RATINGS SUMMARY: Deutsche Bank Ups British Land, Landsec

Read more
6 Jan 2021 09:40

UK BROKER RATINGS SUMMARY: Berenberg Raises Vodafone To Buy

UK BROKER RATINGS SUMMARY: Berenberg Raises Vodafone To Buy

Read more
3 Dec 2020 11:33

UK EARNINGS SUMMARY: CareTech's Annual Profit Jumps Nearly 60%

UK EARNINGS SUMMARY: CareTech's Annual Profit Jumps Nearly 60%

Read more
26 Nov 2020 16:08

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
16 Nov 2020 16:04

UK Dividends Calendar - Next 7 Days

UK Dividends Calendar - Next 7 Days

Read more
16 Nov 2020 14:04

CIP Merchant Capital invests further in CareTech

(Sharecast News) - CIP Merchant Capital has made a further investment in CareTech Holdings, it announced on Monday, which provides specialist social care and education services to adults and children in the UK.

Read more
16 Nov 2020 12:00

CIP Merchant Invests Further GBP2.0 Million In CareTech

CIP Merchant Invests Further GBP2.0 Million In CareTech

Read more
21 Oct 2020 17:39

IN BRIEF: CareTech Expects To Beat Annual Market Expectations

IN BRIEF: CareTech Expects To Beat Annual Market Expectations

Read more
21 Oct 2020 15:26

DIRECTOR DEALINGS: Caretech Chair And CEO Up Interest To 11.4%

DIRECTOR DEALINGS: Caretech Chair And CEO Up Interest To 11.4%

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.