Monday, May 6, 2024

Turnover rises at Totally in “challenging” operating environment

Turnover and profit are up at Totally, the Derby-based provider of healthcare services.

According to unaudited interim results for the six months ended 30 September 2022, group turnover has risen 14.1% to £70.3 million, while gross profit was up 2.6% to £11.9 million and profit before tax sat at £1 million.

During the period the business delivered services to approximately 1.25 million patients and was awarded extensions to 15 existing urgent care contracts amounting to £37 million in value.

Bob Holt OBE, chairman, said: “We are pleased to report the group’s interim results for the six months ended 30 September 2022.

“The operating environment has continued to be challenging for everyone in healthcare, and as the winter months approach, cases of COVID-19 and seasonal flu are, as expected, on the increase. This brings both opportunities and challenges for the group. Totally has a strong track record of managing services in difficult conditions and was established to support the NHS in the management of demand fluctuations just like this.

“Our most recent acquisition, Pioneer Healthcare, is responding to significant levels of demand for outsourcing and Any Qualified Provider (AQP) services. Responding to this growth opportunity is a priority for the group.

“We remain committed to the delivery of high-quality, responsive services that support our partners, the NHS and commissioners. The scale of the opportunity remains significant, with demand outstripping supply and waiting lists continuing to sit at all-time highs. We will continue to invest in our businesses and in new opportunities that enhance earnings opportunities and increase shareholder value.

“I want to pass my ongoing thanks to our exceptional teams. Our people are our greatest asset, helping us respond quickly, professionally and with flexibility to the needs of our NHS commissioners.”

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