Alfa Financial Software Holdings Plc (ALFA.L) said on Thursday that it has registered strong revenue growth for the third quarter with revenue of 28 million pounds, up 14 percent from last year. The company expects further strong growth for the fourth quarter.
The Board continues to project mid- to high single-digit revenue growth for the full year, despite annual currency headwinds of 1-2 percentage points.
Alfa now expects annual costs to come in 1 million pounds, which is lower than expected, with some expected costs deferred into next year.
As a result, Alfa expects its full-year operating profit to be 1 million pounds, ahead of its previous expectations.
Andrew Denton, CEO of Alfa, said: "The launch of Alfa Systems 6 is a major milestone for the company. This has set the foundations for strong future growth in the business, as evidenced by the conversion of a number of key prospects along with the continuing strength of the pipeline. We are well placed to achieve our increased expectations for the year, and we remain confident in 2025's performance and in the longer-term outlook for the business."
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