Civica pre-close trading update.
A year of significant progress.
Civica plc (“Civica” or “the company”), the software and services group focused on the public sector, today reported on trading for the year to 30 September 2006 prior to entering its close period and ahead of preliminary results to be announced on 12 December 2006.
The company is pleased to confirm that trading during the period has continued in line with expectations and the group has made further significant progress in strengthening its market position.
Highlights during the period include:
- Sustained new business in the core local government and housing markets with more than 50 new software contracts including Newcastle City Council, East Ayrshire Council, Southern Housing and the National Electronic Development Assessment project led by Cairns City Council in Australia
- Expansion into new areas including social care, with projects for London Borough of Hackney and Liverpool City Council, together with the first live implementation of a workflow solution for the national e-Benefits Project, at Rotherham Metropolitan Borough Council
- Good progress in the education market, with the award as part of the preferred consortium for ‘Building Schools for the Future’ at Sheffield City Council followed by the first UK sales of Civica’s library software, e-payments for City University, and additional business in Singapore where 199 school sites are now live with the library service run by Civica on behalf of the Ministry of Education
- Development of new relationships in the enforcement sector, including the Vehicle Operator Services Agency and the Highways Agency, in addition to a 4-year framework agreement with Sussex Police, in spite of more demanding market conditions
- Continued adoption of the managed services delivery model with 27 new contracts including a shared service programme with a consortium of six UK local authorities, and core ICT systems for four local authorities in Southern Australia
- Successful completion of the Comino Group acquisition in February 2006 for £49.8m, with subsequent integration and development of the business ahead of expectations
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