Four Seasons turnaround gathers pace
Cheshire-based Four Season, the UK’s largest care home operator, has increased its like-for-like turnover to 8.4% £686.2m for 2016.
It also reported an EBITDA of £55.4m, 43%, higher than the previous year.
The average occupancy in its care homes for 2016 of 88.4% was 3.1 percentage points higher than in 2015. Occupancy increased to 90% in the final quarter of 2016, which the company said is the highest level for over three years and ahead of the overall sector estimate of 88.4%.
Four Seasons said it invested £43m in its ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
