EMIS Group plc (AIM: EMIS.L) – nice interims from the AIM blue chip
The UK leader in connected healthcare software and services, which we published a full commentary on in April 2015 has announced a nice set of results for the six months ended 30 June 2015. As the rating suggests, this really is a terrific business which seems well placed to thrive in the UK market place.
EMIS solutions are widely used across every major UK healthcare setting from primary and community care, to high street pharmacies, secondary care and specialist services. EMIS Group helps clinicians, in over 10,000 organisations, share vital information, facilitating better, more efficient healthcare and supporting longer and healthier lives. The Group delivered a 17% increase in overall revenue to £77.8m with 8% organic revenue growth and a positive contribution from 2014 acquisitions. Recurring revenue was up 21% to £60.5m and reported operating profit up 7% to £13.8m. Reported eps came in 9% higher at 16.6p and adjusted eps 18% higher at 20.5p.…