Monday November 20, 08:53 AM

The group reported a 5% increase in pre-tax profits to £14.2m for the year to September compared with £13.5m a year ago, on revenues up 18% to £199.4m against £169.2m last time.

Chairman John Nash said, "The board is confident in the range and scale of opportunity and in Care UK's capability to prosper in this growing market."

"With a strong base of contracted income and substantial new contracts in the commercial and construction phases we are assured of continued good growth during the short and medium terms," said the group.

Care UK has proposed a 10% increase in its total dividend to 3.65p from 3.33p per share.

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Source: http://uk.biz.yahoo.com/20112006/214/care-uk-makes-further-progress.html