Acquisitions boost IDH revenues
INTEGRATED Dental Holdings, the company which provides NHS and private dental treatment, has reported a leap in sales boosted by its recent acquisitions.
The group in based in Kearsley near Bolton is Europe’s biggest dental group and said in June that its shareholders, the buyout firms Carlyle and Palamon, were exploring the possibility of listing on the stock market.
The company said sales increased 17% to £408m in the year to March. During the year it added more than 50 practices, taking its total to 585.
Operating profits at the healthcare group rose more than 25%r to £18.6m. However, after interest payments, accounting charges, and other non-cash items, pre-tax losses reached £77m.