Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  CareTech Holdings PLC    CTH   GB00B0KWHQ09

CARETECH HOLDINGS PLC

(CTH)
  Report
Delayed Quote. Delayed London Stock Exchange - 02/27 11:35:14 am
467 GBp   -1.27%
02/19CARETECH : Annual Report and Notice of AGM
PU
01/13CARETECH : Appointment of Christopher Dickinson as Group CFO
PU
2019CARETECH : Investment in United Arab Emirates
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

CareTech : CMA Clears Cambian Acquisition

share with twitter share with LinkedIn share with facebook
share via e-mail
02/08/2019 | 02:16am EST

For immediate release

8 February 2019

CareTech Holdings PLC

('CareTech' or 'the Company')

CMA Clears Cambian Acquisition

CareTech Holdings PLC (AIM: CTH), a pioneering provider of specialist social care and education services in the UK, welcomes this morning's announcement from the Competition and Markets Authority ('CMA') that it has unconditionally cleared the Company's acquisition of Cambian Group PLC ('Cambian'), a transaction that completed on 19 October 2018.

Farouq Sheikh, Executive Chairman of CareTech, commented:

'We are delighted by the CMA's decision and would like to place on record our appreciation to all involved during the CMA process particularly the executive teams at CareTech and Cambian. We will now move forward with the integration, creating value for all our stakeholders through the highest quality service offerings and significant synergies.'

For further information, please contact:

CareTech Holdings PLC 01707 601800

Farouq Sheikh, Executive Chairman

Gareth Dufton, Interim Group Finance Director

Ashurst (Legal Adviser) 020 7638 1111

Ross Mackenzie

Karen Davies

Buchanan (PR Adviser) 020 7466 5000

Mark Court

Sophie Wills

Tilly Abraham

Panmure Gordon (Nomad and Joint Broker)020 7886 2500

Emma Earl

Freddy Crossley

Charles Leigh-Pemberton

WH Ireland (Joint Broker)020 7220 1666

Adrian Hadden

Chris Viggor

About CareTech

CareTech Holdings plc is a leading provider of specialist social care services, supporting adults and children with a wide range of complex needs in more than 330 specialist services around the UK.

Committed to the highest standards of care and care governance, CareTech provides its innovative care pathways covering adult learning disabilities, specialist services, young people residential services, foster care and learning services.

On 19 October 2018, CareTech acquired Cambian Group, which has a specific focus on children with high acuity, challenging behaviours and complex care requirements. Cambian looks after 2,000 children across a portfolio of 224 residential facilities, specialist schools and fostering offices located in England and Wales.

CareTech, which was founded in 1993, began trading on the AIM market of the London Stock Exchange in October 2005 under the ticker symbol CTH. Its property portfolio comprises more than 200 properties.

For further information please visit: www.caretech-uk.com

Disclaimer

CareTech Holdings plc published this content on 08 February 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 February 2019 07:14:12 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on CARETECH HOLDINGS PLC
02/19CARETECH : Annual Report and Notice of AGM
PU
01/13CARETECH : Appointment of Christopher Dickinson as Group CFO
PU
2019CARETECH : Investment in United Arab Emirates
PU
2019CARETECH : Preliminary Results
PU
2019CARETECH HOLDINGS PLC : Ex-dividend day for interim dividend
FA
2019CARETECH : Rule 19.6(c) Confirmation
PU
2019CARETECH : Block Listing Cancellation & Block Listing Return
PU
2019CARETECH : boom after Cambian acquisition
AQ
2019CARETECH : Interim Results
PU
2019CARETECH HOLDINGS PLC : half-yearly earnings release
More news
Financials (GBP)
Sales 2020 424 M
EBIT 2020 69,5 M
Net income 2020 29,6 M
Debt 2020 292 M
Yield 2020 2,51%
P/E ratio 2020 17,8x
P/E ratio 2021 12,9x
EV / Sales2020 1,94x
EV / Sales2021 1,82x
Capitalization 530 M
Chart CARETECH HOLDINGS PLC
Duration : Period :
CareTech Holdings PLC Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CARETECH HOLDINGS PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 557,75  GBp
Last Close Price 473,00  GBp
Spread / Highest target 22,8%
Spread / Average Target 17,9%
Spread / Lowest Target 11,0%
EPS Revisions
Managers
NameTitle
Haroon Rashid Sheikh Chief Executive Officer & Executive Director
Farouq Rashid Sheikh Executive Chairman & Investor Relations Contact
John Joseph Ivers Chief Operating Officer
Christopher Keith Dickinson Group Chief Financial Officer
Junaid Bajwa Clinical Director
Sector and Competitors
1st jan.Capitalization (M$)
CARETECH HOLDINGS PLC6.29%685
ORPÉA8.31%8 695
BROOKDALE SENIOR LIVING INC.-12.65%1 174
AMVIS HOLDINGS, INC.4.05%812
ARVIDA GROUP LIMITED-3.89%591
HUMANA AB (PUBL)-21.67%261