Craneware half year on track

Hospital management software supplier Craneware expects to report results for the 6 month period ended 31 December in line with management forecasts and said it continues to view the future with confidence.Revenue growth is expected to exceed 23% (H1 FY09: $10.6m), while profit before share based payments, depreciation and amortisation is expected to rise by over 30% (H1 FY09: $2.5m). The total value of contracts signed in the period has increased a further 15% over the previous record announced in the first half of last year (H1 FY09: $21.8m).'At a time when the US healthcare market is facing increasing fiscal and legislative pressure, these solutions are becoming increasingly relevant and this combined with our continued focus on sales execution and product development has led to the strong performance in the first half of the year,' said chief executive Keith Neilson.'With a record level of contracted sales in the half, extending our already high visibility over our revenues for the remainder of this year and future periods, we continue to view the future with confidence,' he added. Craneware