City Briefs: Henry Boot; Augean; EMIS
HENRY Boot says its pre-tax profit for the year ended December 2014 is expected to be “comfortably” ahead of current consensus market expectations.
In a pre-close trading update for the year ended December 31 2014, the firm said subsequent to the recent trading update on December 9 2014, trading continued to be healthy through to December 31 2014, in particular, in its plant, construction and jointly owned house builder businesses.
2015 has started well across all of the group’s businesses with the seven land sale transactions mentioned in the trading update, progressing satisfactorily towards a conclusion in the year, the firm said.
The group’s 2014 full year results will be announced in March.
:::
WASTE management business Augean said this morning it performed well in the second half of 2014, and confirms that underlying profit before tax is expected to be in line with market expectations.
In an update prior ahead of issuing its preliminary results for the year ended December 2014, the Wetherby-headquartered firm added that net debt, as at December 31 2014, is lower than market expectations.
Dr Stewart Davies, chief executive officer, said: “2014 was the first full year of trading since the announcement of the group’s new strategy. We have seen the strategy gain traction during 2014, with an extremely encouraging performance for the year, which we expect to be reflected in 2014 earnings and cash flow compared to 2013.
“Despite the adverse conditions currently seen in one of the markets in which we operate, we continue to see benefit from the diversity of the sectors that we serve and from our ability to provide an integrated offering to our customers, from energy-from-waste to nuclear decommissioning and high value manufacturing. We are well positioned to continue the delivery of our strategy and to further strengthen our position in specialist waste markets”
The group’s preliminary results for the year ended December 2014 are expected to be announced in March.
:::
EMIS Group, the healthcare software business, today said trading for the year was in line with management expectations, with revenue growth of approximately 30%.
In a trading update for the year ended December 31 2014, the Leeds-based group’s CEO Chris Spencer, said: “EMIS Group has delivered strong growth and fresh prospects in 2014: we traded in line with our expectations, secured significant Primary Care frameworks, virtually completed the roll-out to English GPs of EMIS Web, won significant CCMH and Secondary Care contracts, consolidated our position in Community Pharmacy, and broadened our offerings by acquisition in Specialist Care.
“The NHS’s Five Year Forward View strategy document expressly states its commitment to fully interoperable electronic health records so that patients’ records are largely paperless, available to clinicians wherever treatment is provided, and can be accessed by patients. As custodians of well over 40 million such records, across every major area of healthcare, we remain uniquely placed to help provide faster, better and cheaper healthcare through connected software and services.
“We are confident about the outlook for EMIS in 2015.”
