CCGP Claimar Care

    RNS Number : 6162E
  Claimar Care Group PLC
  30 September 2008
   

    Claimar Care Group PLC ("Claimar Care" or the "Company")
    Pre-Close Trading Statement
    The Company announces its pre-close trading statement ahead of its preliminary results for the year ending 30 September 2008, which are
due to be announced on 1 December 2008. The Board estimates that normalised earnings before interest, tax, depreciation and amortisation for
the year ending 30 September 2008 will be within the range of market expectations and that normalised profit before tax for the year will be
at the lower end of market expectations.
    Claimar Care Limited, our generic care business, which provides services primarily under long term contracts to Local Authorities, has
benefited from the fulfilment of new contracts announced earlier in the year. The business is also seeing a return on its renewed focus on
recruitment activities, with more carers available for work. The new members of the senior management team are all now established in their
roles and are starting to deliver various operational efficiencies.
    Since our last statement on 30 June 2008, Complete Care, our specialist and complex care business, has increased its number of contracts
from 216 to 225. Recruitment activity is now having a positive impact, with an additional 82 carers recruited since 1 June 2008. This
increase in available staff has enabled us to take on new contracts and is also now starting to reduce our use of agency cover which will
have a positive impact on gross margin going forwards.
    In PCS, our training services provider, we are seeing an improvement in trading since the first half of the year, and SureCare, our
franchise business, is trading in line with our expectations.
    We continue to enjoy a supportive relationship with our corporate bankers and we have continued to meet all banking covenants.
    Claimar Care is well placed to continue to deliver good organic growth and the Board remains confident that the longer term prospects of
the business remain positive, notwithstanding the challenging economic conditions facing the market.

    Enquiries:
    Claimar Care Group Plc
    Mark Hales, Chief Executive                  Tel: 0121 410 4080

    Arden Partners Plc
    Chris Fielding                                               Tel: 0207 3981638
    Steve Douglas                                              Tel: 0121 423 8943

    Winningtons Financial
    Paul Vann/Tom Cooper            Tel: 0203 043 4162/07768 807 631




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