Revenues down but losses up for Four Seasons

Revenues were down and losses up for Four Seasons Health Care’s parent company, Elli Investments Limited in the first quarter of 2017. Turnover stood at £163.8m, 4% less than the £170.7m achieved in the comparable period in 2016. Cost of sales shrunk accordingly to £148.1m (2016: £158.5m), while ordinary administrative expenses of £11.8m (2016: £11.1m)…