LONDON, July 24 /PRNewswire-FirstCall/ --
Key Highlights
Misys plc (LSE: MSY) delivers results ahead of expectations and is now raising targets for the next phase of the turnaround. Misys generated Group revenues(1) of GBP492m up 6%, bringing Group operating profit(2) to GBP81m, 37% ahead of last year. Misys is executing on its strategy and entering into the next phase of the turnaround plan, building a platform for growth.
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- Banking
- Revenue(1) GBP160m, up 5%
- Total order intake(5) GBP83m, up 8%
- Successful start to implementation of Misys BankFusion with
First customer contract signed
- Treasury & Capital Markets (TCM)
- Revenue(1) GBP141m, up 13%
- Total order intake(5) GBP73m, up 16%
- Launched strategic partnerships and new revenue generating
services
- Healthcare
- Revenue(1) from continuing operations GBP191m, up 2%
- Total order intake(5) GBP103m, up 2%
- Stabilised, reorganised and positioned the business for growth
- Proposed merger with Allscripts on track
- Global Services (Note: revenue and total order intake included within
above business units)
- Revenue(1) GBP83m, up 19%
- Total order intake(5) GBP83m, up 16%
- Launched upgrade solution centre in India
- Open Source Solutions
- Division launched in July 2007 to drive innovation
- Focused on two key market opportunities, connecting healthcare
communities and carbon trading
Financial Performance
- Statutory revenue: GBP492m an increase of 5% (2007: GBP469m)
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