CareTech navigates challenges with international and digital performing well

CareTech positive over fee rises
Farouq Sheikh, CareTech’s executive chairman

CareTech navigated through the various challenges presented by Covid-19, staff shortages and inflationary pressures, posting slight revenue growth, while EBITDA remained flat. Its half-year results to the end of March showed revenue grew 2.6% to £249.2m (2021: £243m), with underlying EBITDA at £49.1m (2021: £49.4m). Pre-tax profit fell to £19.2m (2021: £42.3m) and statutory basic…

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