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Advanced Computer Software Sees Growth In FY Revenue, EBITDA

Advanced Computer Software Group plc (ASW.L), a provider of healthcare and business management software and IT services, said it expects full-year revenue of at least 202.0 million pounds, which is 67 percent more than last year's 120.9 million pounds. This is following the group's continued strong performance across all its divisions.

For the 12 months ended Feb. 28, 2014, the group anticipates that adjusted EBITDA will be no less than 45 million pounds. This represents 67 percent growth from last year's 27.0 million pounds.

Separately, the Group announced that it has been awarded preferred supplier status by Oxford Health NHS Foundation Trust in respect of a multi-year deal to supply a single integrated health record solution, across all the Trust's clinical pathways including mental health, child, community and specialised services.

by RTTNews Staff Writer

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