Allocate Software

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  06/02/12

  Allocate Software has strong momentum despite NHS uncertainty, says boss

  Underlying revenue growth of 15% in its latest half showed the strong momentum behind sales of its HealthRoster software into the NHS says chief executive Ian Bowles.

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  25/11/11

  Health service pressures highlight opportunity for Allocate Software

  Ageing populations and cuts to healthcare budgets are providing opportunities for IT companies specialising in the health arena such as staff rostering specialist Allocate Software.

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  06/09/11

  Allocate Software boosts revenues and profits amid NHS cost cutting

  While many companies supplying the cash-strapped NHS might worry about the organisation’s austerity measures, Allocate’s CEO says cost-cutting reforms there are helping to boost business at the firm

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  31/01/11

  Resilient Allocate puts the building blocks in place for further strong growth

  Allocate Software chief executive Ian Bowles said today’s interim results reflected a “resilient performance” set against the turbulent backdrop of root and branch change in the health service. Its Healthroster package is used extensively by trusts to optimise staffing and the company derives around 45 per cent of its revenues from the NHS. But while other operators have been hit by the hiatus created by reforms to primary care trust structure, the company seems to have weathered the worst of the storm.

   

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  28/10/10

  Austerity measures present challenges and opportunities for Allocate Software

  Chancellor George Osborne last week unveiled some of the deepest cuts to public expenditure ever witnessed as he began to grapple with a massive budget deficit and attempted to restore the nation’s reputation for fiscal probity. We assess what this means for Allocate Software, whose products could save money and jobs in the public sector.

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  05/08/10

  Allocate Software on acquisition path, but nothing imminent

  In an interview, CEO Ian Bowles said the group is currently looking at a total of 15 potential takeover targets, but played down the prospects of an imminent deal. He was speaking shortly after the release of annual results, which showed the acquisition strategy and tight financial control is working.

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  18/06/10

  Allocate Software: optimising health and other sectors

  A third-quarter update in March informed investors of a series of contract wins for Allocate in the healthcare sector, including 17 new contracts for Time Care in Sweden

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  03/06/10

  Allocate Software expands further in Australia with $6 million e-Rostering contract

  Allocate said that the contract will be delivered in the 2011 financial year, and through a potential A$4m services agreement, the total value of the deal could rise to A$10m

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  06/05/10

  Allocate Software expands SaaS offering with UK acquisition

  It is buying healthcare compliance software specialist Dynamic Change for up to £9m, expecting the business to enhance earnings in the first full year.

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  29/01/10

  Allocate Software reveal strong H1 results as Healthcare e-Rostering in the NHS drives growth

  Revenue increased 38% to £9m and trading profits rose 43% to £1.12m in the six months to end-November 2009.

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  05/01/10

  Allocate Software looks ideally positioned to benefit from NHS efficiency drive

  The Conservatives are also committed to improving NHS efficiency if they win the general election this year, and this course of action has proven to be a boon for healthcare software providers, such as AIM listed Allocate Software

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  27/11/09

  Allocate Software launches placing to help fund Swedish acquisition for £8.7mln

  Allocate Software is entering the Nordic market with the agreed acquisition of Swedish peer Time Care AB for the net consideration of  £8.7 million. It is raising £8 million via a placing to help finance the deal.

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