22nd Jan 2014 10:16
LONDON (Alliance News) - EMIS Group PLC Wednesday expressed its confidence for 2014 as it saw trading in line with expectations for the year ended December 31, 2013.
The healthcare software and services company said it had seen continued organic growth in revenues and profits, boosted by two acquisitions made during the second half.
In its Primary and Community Care division the company continued to roll out its EMIS Web software system for General Practitioners. The company said that at the end of the year 3,327 practices were live with the system in England and Wales, an increase of 1,692 during the year.
In the Community Pharmacy division it continued preparation for the formal launch of a new system to link community pharmacies and GPs, which was successfully piloted in 2013.
In its Secondary and Specialist Care division, the company said its two recent acquisitions, Ascribe Ltd and Digital Healthcare, were progressing well, and Ascribe had secured several contracts.
EMIS said its net debt at December 31 was GBP13.5 million, down from net cash of GBP7.7 million the previous year due to acquisition costs.
EMIS will announce its full-year results March 20.
Shares in EMIS were trading up 2.4% at 620.00 pence Wednesday.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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