skip to content

Interim Results

Cambian operating losses narrow

20 September 2017 07:35

Cambian's operating losses narrowed to £1.2m in the six months to the end of June - down from £5.4m last time.

Revenues rose to 100.6m from £94.5m and adjusted earnings before interest, tax, depreciation and amortisation increased to £8.4m from £8.3m.

Chief executive Saleem Asaria said: 'Following the successful sale of the Adult Services business the Cambian Group is now focused on being a market leading provider of specialist Children's Services.

'Our strategy to move more of our portfolio to higher severity is progressing well and the Group is performing in line with the Board's expectations.

'Furthermore, with a strong balance sheet and confidence in the group's outlook in the medium term, we have reinstated the dividend as planned.'

Story provided by

Related Company: CMBN

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?


Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.