14th Jul 2016 07:15
LONDON (Alliance News) - Healthcare software and services company EMIS Group PLC on Thursday said trading in the first half of 2016 was broadly in line with its expectations, despite the uncertainty caused by the UK's EU referendum and slower-than-expected contract awards by the National Health Service.
EMIS said it has continued to benefit from its good revenue visibility, growing market share and good momentum in its order book. In addition, the group has expanded its cost-cutting programme and should benefit from this in the second half.
Expectations for 2016 as a whole are unchanged, the company said.
"While ongoing political and economic uncertainty causes both turbulence and sluggishness, nonetheless the NHS continues to understand that our digital technology and patient information platform represents a unique connected care solution to the challenge to deliver faster, better, more cost-effective care. We therefore remain confident in the outlook for the business," said EMIS Chief Executive Chris Spencer.
EMIS shares were down 1.7% to 886.375 pence early Thursday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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