PAYROLL COSTS


The sectors have had mixed fortunes in respect of payroll costs, with a rise in personal care, a fall in nursing care and no change in the specialist sector. Rising income levels have hidden likely actual cost increases across the board.


% OF TOTAL REVENUE


Personal Care


2018 H1 2017 H2 2017 H1 2016 H2 53.3 52.6 52.3 50.7 NON-PAYROLL COSTS


All sectors had a positive year in respect of non-payroll costs, achieving falls of between 0.4 and 0.8 percentage points in the year to H1 2018.


% OF TOTAL REVENUE


Personal Care


2018 H1 2017 H2 2017 H1 2016 H2 16.6 16.7 17 17 EBITDAR (PROFIT MARGIN)


Whilst profitability fell across all sectors last year, both the nursing and specialist sectors have seen profit levels improve and rise over the course of this year. However, personal care has not fared as well with profitability falling again to 30.1% in H1 2018. All sectors are below their respective 10-year averages.


% OF TOTAL REVENUE


Personal Care


2018 H1 2017 H2 2017 H1 2016 H2 30.1 30.7 30.8 32.3


Nursing Care


29.3 28.2 28 28.8


Specialist Care


29.9 30.6 29.1 29.2 Note: The trend arrows look at the movement over the year from H1 2017 to H1 2018


Nursing Care


13.8 14.2 14.6 14.6


Specialist Care


14.1 14.6 14.9 14.4


Nursing Care


56.9 57.6 57.4 56.7


Specialist Care


56 54.8 56 56.4


COLLIERS INTERNATIONAL


5


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