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Totally PLC shares fell on Monday as the company warned of a challenging operating environment, citing staffing issues as well as rising costs.
Totally is a Derby, England based provider of healthcare, corporate fitness and wellbeing services. Its shares were down 9.3% at 36.72 pence on Monday around midday.
Totally said it is ‘pleased’ with its performance over the past year, as healthcare services continue to respond to increasing pressure. The company also noted that it has maintained its UK Care Quality Commission ‘good’ accreditation across all of its services.
It added that it has continued to support the NHS and is now preparing for a ‘busy’ winter period. In February, the company's urgent care unit won a contract extension to deliver NHS 111 services across Staffordshire and Stoke-on-Trent for a further year.
However, looking ahead, Totally warned of ‘the same challenging operating environment as the NHS and other businesses in relation to staffing, recruitment and increasing costs’.
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