Civica plc. 2008 AGM Statement.
Simon Downing, chief executive of Civica, the software and services group focused on the public sector, will make the following statement at the Company’s Annual General Meeting to be held later today:
“The Civica group continues to make progress in line with our stated strategy. We remain confident of the Company’s prospects in the current year to 30 September and beyond.
Civica continues to win new business in the UK and internationally including, among others:
- Adoption of a corporate workflow solution as part of a transformation partnership at Blaenau Gwent County Borough Council, and specialist applications for the London Borough of Tower Hamlets and Northern Grampians in Australia
- New housing systems for the A2Dominion Housing Group and for building services firm Jackson Lloyd
- Continued momentum in libraries with the London Borough of Hammersmith and Fulham the first London council to sign up to Civica’s shared service model
- A £1m framework agreement with West Mercia Constabulary
Since the year end, we have increased investment to expand existing operations, particularly in the Education market where specific opportunities exist. In addition to our strategy of building scale through investment and targeted acquisitions, we will also continue to look for opportunities to return further value to shareholders through share buybacks and a progressive dividend policy.”
Results/voting on 2008 AGM resolutions
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For further information, please contact:
Civica plc 020 7760 2813
Simon Downing, Chief Executive
Mike Stoddard, Group Finance Director
Buchanan Communications 020 7466 5000
Tim Thompson / Nicola Cronk
About Civica plc
Civica plc (www.civica.co.uk) is a market leader in software-based solutions that help organisations to improve service delivery, with specialist expertise in local government, social housing, enforcement, education and regulated markets. Blending consulting, software and managed services, the group supplies more than 1,700 customers in the UK, Australia, Asia Pacific and the USA.
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