Lower costs boost profits for FCA

Foster Care Associates (FCA) has recorded the same revenues of £106.1m for the year ended 31 December 2011 as it did for the previous financial year. Operating profits for the foster care agency, however, were up 37% to £9.5m on the previous year’s £6.9m thanks to marginally lower cost of sales of £72.4m (2010: £73.5m)…