Flat year for Tracscare

Sovereign Capital-backed specialist care provider Trascare Group Limited saw a flattening out of turnover in the year ended 31 March 2012, reporting revenues of £18.4m, marginally less than the previous year’s figure of £18.5m. Thanks, however, to reduced administration and interest expenses, Tracscare made a £3.1m operating profit (2011: £2.6m) on its 68 care homes…