6 May 2021
EMIS Group plc
("EMIS Group" or "the Group")
AGM Statement
Ahead of its AGM being held later today, EMIS Group issues the following update on trading.
The Board of EMIS Group, the UK leader in connected healthcare software and systems, is pleased to announce that trading for the year to date is in line with the Board's expectations. As reported on 18 March 2021 at the time of its 2020 Full Year Results, the Group continues to have leading positions in specialist markets, benefits from high levels of recurring revenue and remains in a strong financial position.
The Group continues to invest in its product roadmap and improved internal systems, which are expected to drive greater efficiencies in the coming years. As previously stated, the Group expects to grow in 2021 and to build market momentum with its new product developments, which will lead to opportunities for higher levels of growth in 2022 and beyond.
As the Covid-19 situation improves in the United Kingdom, EMIS Group continues to support its customers, notably through its Outcomes4Health software which is underpinning the delivery of vaccinations outside hospital settings. For UK colleagues, a phased return to the workplace - via new hybrid ways of working including collaboration hubs - is planned for the second half of the year. In India, support for colleagues reflects a more challenging set of local circumstances which will result in a later return to on-site working.
Andy Thorburn, Chief Executive Officer of EMIS Group, said:
"Healthcare continues to be at the centre of the global agenda, with Covid-19 being a catalyst for change leading to a more rapid adoption of digital healthcare across all settings. As the UK starts to look beyond the pandemic, the Board remains confident of delivering growth through its innovative technology platforms, providing the NHS, the private sector and patients with better connected and more efficient healthcare solutions."
Enquiries:
For further information, contact:
EMIS Group plc Tel: 0330 024 1269
Andy Thorburn, CEO
Peter Southby, CFO
@EMISGroup
Numis Securities Limited (Nominated Adviser & Broker) Tel: 020 7260 1000
Oliver Hardy/Simon Willis/James Black
MHP Communications Tel: 020 3128 8168
Reg Hoare/Giles Robinson/Florence Mayo/Pandora Yadgaroff emis@mhpc.com
Notes to Editors
EMIS Group is the UK leader in connected healthcare software and systems. Its solutions are widely used across every major UK healthcare setting. EMIS Group's aim is to join up healthcare through innovative technology, helping to deliver better health outcomes to the UK population, supporting longer and healthier lives.
EMIS Group has two core business segments: EMIS Health and EMIS Enterprise.
EMIS Health is a supplier of innovative integrated care technology to the NHS, including primary, community, acute and social care.
EMIS Enterprise is focussed on growth in the business-to-business technology sector within the healthcare market, including management of medicines, partner businesses, life sciences and patient-facing services.
LEI: 213800K474ZZK76NX913