Foresight Group Holdings Share News (FSG)

Focus Solutions, which provides software that enables banks and similar institutions to provide financial services, expects operating profits before exceptional items for the year to 31 March 2010 to be in line with expectations.Sales revenues for the year just finished are also expected to be in line with market consensus forecasts. Cash at the end of the company's financial year stood at £2.4m, down from £2.51m at the interim stage.Richard Stevenson, chief executive of Focus, said the company is very optimistic about its prospects in the current financial year "with the strongest pipeline in the group's history and demand for focus:360° and our supporting services being driven by ongoing regulation, in particular the RDR [Retail Distribution Review]."