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Microgen Businesses Performing In Line, Evaluating Acquisitions

30th Oct 2014 10:45

LONDON (Alliance News) - Microgen PLC on Thursday said its operating units were performing in line with expectations in the third quarter and said it is currently assessing potential acquisition opportunities.

The company said its Aptitude Software and Financial Systems businesses are both performing "satisfactorily" in line with its expectations.

The group released the latest version of the Aptitute technology platform this month and has released a compact edition of the Aptitude Accounting Hub.

It said it has seen good demand for its 5Series wealth management product, with three new contracts secured in the third quarter.

The group said it is considering potential acquisitions, though said there is no certainty any material acquisition will be completed.

Microgen shares were up 1.7% to 123 pence on Thursday.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2014 Alliance News Limited. All Rights Reserved.


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