The hospital healthcare services provider said on Wednesday that it was trading in line with market expectations and that cash generation continued to be strong with £9mln of cash in the bank.
The AIM-listed group said it had made significant changes to its internal processes and procedures, the successes of which had been demonstrated by continued improvement in its ratings following Care Quality Commission inspections.
The company added that extensive changes continue to be made to the delivery of back-office functions across all of its subsidiaries, which had helped reduced costs.
“Whilst there is more work to be done across the group, this is happening at pace and the directors believe Totally remains well placed to take a significant market share of the outsourced integrated urgent care market and other community-based health care services,” CEO Wendy Lawrence said in a statement.
Shares in Totally were 0.8% up at 18.45p in early trade.