Craneware PLC (LON:CRW) lifted higher on Friday after the software group tole the market it expects half-year sales and underlying earnings to rise by between 15-20%.
The AIM company, which makes software designed to boost hospitals’ profitability, has enjoyed good levels of sales so far in its financial year, while the percentage of customers renewing stands at a remarkable 100%.
READ: Craneware shares advance on positive full year results
“With the record sales performance in the previous period, continued sales momentum and high levels of revenue visibility, the board remains confident in meeting market expectations for the full year ending 30 June 2019,” read the trading update.
Chief executive Keith Neilson added: “As we close the first half of our financial year, we look to the future with high levels of confidence. The strength of our trading performance to date and double-digit rate of growth demonstrates the ongoing momentum we are experiencing in the business.”
Shares zipped 8% higher to 2,320p.