Ascribe swoop boosts EMIS

HEALTHCARE software provider EMIS, which bought Bolton-based Ascribe in a £57.5m cash and shares deal towards the end of last year, said improved profit performance is expected to continue into the second half of 2014.

For the six months to June 30, the Leeds-based group reported revenue of £66.4m, up 41% from £47.1m in the prior year period, while pre-tax profit came in at £12.6m.

EMIS said the group continues to trade in line with management expectations and with continuing strong revenue visibility.
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