Crestacare preliminary figures

Crestacare plc announced this month preliminary figures for the year ended 31 December 1997. Turnover rose £4.38m or 9.4% from £46.54m to £50.92m but on the negative side trading profit margins contracted 1% to 22.2%. However, tight control of head office and regional costs – little changed at £2.9m – meant that operating profit came…