Turnover up at TDL

Pathology provider The Doctors Laboratory (TDL) reported a 13% jump in turnover to £70.5m for the year ended 30 June 2014 as more NHS contracts came to market.Cost of sales increased from £45.2m to £51.8m but administrative expenses fell by 55% to £3.6m resulting in operating profit of £17.6m against £9.5m in 2013. The company…