EMIS Group Plc, the UK's leading supplier of clinical software and related services, has reported a total revenue of £73.2 million for the year ended 31 December 2011, up £61.9 million in 2010 and EPS from continuing operations at 28.71 pence as compared to 23.31 pence in 2010.
The group continues to trade in line with management's expectations with continuing strong revenue visibility and proposed a final dividend of 6.2 pence per share.
Increasing the acceleration through 2012 of the roll-out of EMIS Web GP remains its primary focus whilst continuing to invest in deployment resources. This acceleration underpins expected strong growth in recurring revenues during 2012 and beyond . The current number of GP practices installed stands at 450 with orders placed for a further 1,401 practices.The group is building up the delivery capability to install in the order of 200 EMIS Web GP practices per month, and is accelerating the roll-out to reach this level during the fourth quarter of 2012.
EMIS is excited by the prospects for RX and for EMIS Web Integrated Care and in the medium term, for its other growth opportunities and will continue to invest in further development resource in these areas through 2012. Overall, it believes the group is making significant progress towards delivery of its strategic vision of cross-organisational healthcare system.
Sean Riddell, Chief Executive of EMIS Group says: "2011 has been another busy year for EMIS Group. We have continued the controlled roll-out to GPs of EMIS Web our transformational healthcare system, whilst RX Systems substantially grew its market share and we are seeing additional benefits as a result of group synergies.
"Despite the political upheaval and austerity challenges in the NHS, the cross-organisational potential of EMIS Web means the group is well positioned to benefit from the "connect all" strategies throughout the UK. This is especially the case when coupled with the planned devolution of power to Clinical Commissioning Groups, ring fencing of the public health budget and with information sharing being the key to better care outcomes and reduced cost."