UK healthcare services provider Totally slips on weak FY outlook

Totally

10/07/2023 10:16

** Shares of Totally Plc  TLY.L  fall as much as 28% to over
three-year low of 12.2p  
    ** The healthcare services provider sees year ahead revenue
and core profit to be lower than reported for year ended March
31 
    ** Expects coming year to be challenging as National health
Service (NHS) continues to operate in crisis, faces
ever-increasing demand across all services
    ** For reported year posts, 6.5% rise in revenue with core
profit up 11% 
    ** On track to log worst day since March 2, if trend holds 
    ** Shares hit lowest since April 2020 
    ** Up to last close, stock down ~50% so far this year 


    
   

 (Reporting by Prerna Bedi in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))