Healthcare software firm in Leeds to weather coronavirus uncertainties

Andy Thorburn, CEO of EMIS Group, says the business "is well positioned to weather the short-term market uncertainties created by coronavirus". | other

Healthcare software provider EMIS Group said it is well positioned to weather the short-term market uncertainties created by coronavirus as it revealed a rise in revenue for 2019.

Total revenue was up 7 per cent to £159.5m from £149.7m for the year ended December 31, 2019. While adjusted operating profit was up 9 per cent to £39.3m at the Leeds-based group.

Andy Thorburn, CEO of EMIS Group, said: “I am encouraged by the performance of the Group in 2019, during which we delivered considerable operational progress across the organisation.

"This includes the completion of our internal transition and organisational plans that were underway throughout the year, which have successfully improved our operational efficiency, service and responsiveness to customers as planned.

“EMIS Group has a robust business model, with 78 per cent recurring revenue and a strong balance sheet, and is well positioned to weather the short-term market uncertainties created by coronavirus. We have no delivery risks associated with our recurring revenue.

"We’re focussed on looking after our EMIS Group colleagues and supporting our customers as they take care of the population through the coronavirus challenges.

“As a resilient and dynamic business, the group will focus on delivering its strategic plan of innovation and growth beyond the immediate market uncertainty.”