HC-One posts large loss

Prior to its acquisition by Formation Capital, Safanad and Court Cavendish (CCMn November 2014), HC-One reported revenues of £314.6m for the year ended 30 September 2014, an increase on the previous year’s £306.1m. Taking into account cost of sales of £319.6m (2013: £298.4m), including restructuring costs of £1.1m (2013: £0.6m) and £9m resulting from the…