Proactiveinvestors United Kingdom Allocate Software articles

Allocate Software has strong momentum despite NHS uncertainty, says boss

Mon, 06 Feb 2012 14:26:00 +0000

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.

Health service pressures highlight opportunity for Allocate Software

Fri, 25 Nov 2011 08:06:00 +0000

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.

Allocate Software boosts revenues and profits amid NHS cost cutting

Tue, 06 Sep 2011 11:01:00 +0100

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

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

Mon, 31 Jan 2011 12:45:00 +0000

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.

Austerity measures present challenges and opportunities for Allocate Software

Thu, 28 Oct 2010 08:59:00 +0100

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.

Allocate Software on acquisition path, but nothing imminent

Thu, 05 Aug 2010 06:59:00 +0100

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.

Allocate Software: optimising health and other sectors

Fri, 18 Jun 2010 08:52:00 +0100

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

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

Thu, 03 Jun 2010 08:09:00 +0100

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

Allocate Software expands SaaS offering with UK acquisition

Thu, 06 May 2010 08:24:00 +0100

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

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

Fri, 29 Jan 2010 10:08:00 +0000

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

Allocate Software looks ideally positioned to benefit from NHS efficiency drive

Tue, 05 Jan 2010 07:56:00 +0000

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

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

Fri, 27 Nov 2009 10:02:00 +0000

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.