Watchstone underlying revenue edges higher

Writer, Stock Market Wire
Friday, January 26, 2018 - 07:49

Watchstone Group said overall trading results for its "underlying" businesses were expected to be broadly in line with expectations.

Total revenue at its healthcare services and Ingenie business grew by a combined 2.6% to £41m.

Another business, BAS, was sold, while Hubio was reclassified to a discontinued operation in the year and therefore were not included in the calculations.

"Overall net losses and expenses of over £6m suffered in 2017 have been extinguished as a result of the sale or closure of businesses and restructuring," the company said.


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