31st Aug 2018 09:12
LONDON (Alliance News) - Healthcare software and services firm EMIS Group PLC said on Friday it has a good order book and revenue visibility for 2018 following a profit and revenue rise for the first half of the year.
For the six months to the end of June, EMIS reported a pretax profit of GBP13.1 million from GBP10.1 million the year before, partly through lower costs on staff, services and goods.
There were no exceptional items for the period, compared to a GBP2.5 million loss from reorganisation costs a year prior.
Revenue for the period rose to GBP84.5 million from GBP79.2 million with growth across EMIS's segments, particularly in Primary, Community & Acute Care, Community Pharmacy and Specialist & Care.
EMIS declared an interim dividend of 14.2 pence per share, up 10% from 12.9p the year before.
"We made encouraging progress in the first half in line with the Board's expectations, delivering further revenue growth and an improvement in profits, despite our investment in Patient and our legacy-related service execution. With a strengthened senior leadership team now in place and further growth in recurring revenues, we remain confident of delivering on our expectations for the year as a whole," said Chief Executive Officer Andy Thorburn.
Shares in EMIS Group were up 1.1% at 925.00 pence on Wednesday.
Related Shares:
EMIS.L