BusinessCompany NewsFD to leave dental company

FD to leave dental company

Clark to leave dental business Oasis at the end of June - no replacement FD lined up yet

AIM-listed Oasis Healthcare has announced that finance director Jeremy Clark will leave the company at the end of the month, and has begun efforts to recruit a replacement.

Clark joined Oasis in March 2001 having served as group chief accountant at Informa Publishing.

Oasis, which operates over 120 dental practices in England and Wales, also posted an increased operating profit for the year of £3.9m from £3.5m, with turnover up by £1m to £74.9m.

Chairman Ron Trenter said the shortage of dentists in the UK ‘continued to be a limiting factor in the growth of the business’.

But the company stated that its revised debt repayment structure will potentially allow up to £4m to be invested back into the business over the current year.

Its share price had risen this morning to 11p from 10.5p.

Related Articles

M&S business rate liabilities based on £570m rateable value

Company News M&S business rate liabilities based on £570m rateable value

4m Emma Smith, Managing Editor
BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

8m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

1y Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

1y Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

1y Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

1y Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

1y Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

1y Emma Smith, Managing Editor