Totally secures ?35m worth of new and renewed contracts

8th Apr 2019 08:28

(Sharecast News) - Healthcare services provider Totally traded in line with expectations during the twelve months ended 31 March, with the group securing both new and renewed contracts.Totally continued to make progress with its stated strategy throughout the year, creating £35m of value in new and renewed contracts across its operating subsidiaries before leaving the 2018 trading period with a "strong" pipeline.The AIM-listed group also revealed that, in recent weeks, its subsidiary businesses had been awarded a number of contract extensions, new business and pilot schemes worth a total of roughly £7.7m.Totally had £7.5m cash in the bank at the end of its financial year, in line with management expectations following satisfaction of anticipated liabilities.Looking forward, Totally's board believes the outfit is well positioned to take further market share within the integrated urgent care market and other community-based healthcare services and view the 2019 trading year "with confidence".Chief executive Wendy Lawrence said: "We now look forward to the year ahead where we intend to continue to deliver high-quality services, whilst seizing the opportunities that exist within the integrated urgent care sector."As of 0830 BST, Totally shares had climbed 5.13% to 12.80p.