Cygnet increases profits

Healthcare Market News (Company News) June 2004Cygnet Health Care Ltd, the specialist private psychiatric hospital operator, run and now wholly owned by John Hughes and Ken Wilson, has announced increased profits for the year to 31 October 2003.Turnover jumped to £32.8m (2002: £26.4m) and, impressively, operating margins increased from 19.7% to 21.6% giving operating profits…

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