UPDATE 1-System C Healthcare says on track to meet FY mkt view

Related Topics

Thu Nov 26, 2009 3:30am EST

* Says revenue, profit rose significantly in H1

* Says recent acquisitions helped growth (Adds details)

Nov 26 (Reuters) - Healthcare IT specialist System C Healthcare Plc SYS.L on Thursday said it was on track to meet full-year market view, helped by recent acquisitions.

The company said it saw significant increases in both revenue and profit for the six months ending Nov. 30 over the same period in 2008/09.

"We see many opportunities in both the product and services business and remain confident of reporting continuing progress through the second half of the year," Chief Executive Ian Denley said in a statement.

System C said Liquidlogic, which it acquired in July, continued to gain market share in the social-care sector.

Shares of the company closed at 61 pence on Wednesday on the London Stock Exchange. (Reporting by Aditi Samajpati in Bangalore; Editing by Vinu Pilakkott) ((aditi.samajpati@thomsonreuters.com; +91 80 4135 5800; Reuters Messaging: aditi.samajpati.thomsonreuters.com@reuters.net))

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.