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EMIS Group

EMIS on track to meet full-year expectations as it streamlines the business

EMIS said trading was in line with expectations in the first half

eye
EMIS sold its eye screening businesses in April

EMIS Group left its full-year guidance unchanged as revenue gained in the first half and the healthcare software provider completed the disposal of its eye screening businesses.

In April the company sold the three businesses that make up its specialist and care division to public sector software provider Northgate Public Services for £14.9mln.

READ: EMIS Group hikes interim dividend amid solid results despite legacy investments

The businesses – Medical Imaging UK, MIDRSS and Digital Healthcare – provide diabetic eye screening software and other ophthalmology-related services in the UK and Ireland.

EMIS is now focused on its health and enterprise divisions, which both traded in line with expectations in the first half with revenue ahead of the year-ago period. 

"We are focussed on the execution of our strategic plan to provide increased revenue growth and improved margins, towards 30%, in the medium term,” said chief executive Andy Thorburn.

“We continue to invest in our clinical, product management and global software development teams while, in parallel, streamlining our support and back office operations through the deployment of new systems and processes.”

Quick facts: EMIS Group

Price: £11.28

Market: AIM
Market Cap: £714.15 m
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