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Manpower Software plc Announces Record Results for the Year Ended 31 May 2008
LONDON, July 29 /PRNewswire/ -- Manpower Software plc, the leading provider of workforce optimisation
software applications, is pleased to announce record results for the year
ended 31st May 2008.
Highlights
- Revenue up 39% to GBP11.6m
- Trading profit up 73% to GBP1.85m
- Improved net operating margin of 16% (2007: 13%).
- Cash balances at the year-end of GBP4.3m
- 23 new NHS Trusts became customers
- Successful integration of Key Information Technology Systems
Limited ("Key ITS")
- Particularly strong growth in the Healthcare business
- Directors confident of another successful year
Ian Bowles, Chief Executive Officer commented: "2008 has been a year of
significant achievement for Manpower Software. We have strengthened, both
financially and in market share, and established firm foundations for
continuing growth in the NHS market in the UK. We are committed to improving
the performance of all areas of the business still further. While the global
economic outlook is uncertain, Manpower Software is well positioned to
continue to deliver profitable growth. I remain confident in the company's
future."
About Manpower Software
Manpower Software is the leading workforce optimisation software
applications provider for world-wide organisations with large, multi-skilled
workforces. With over 17 years' experience, they ensure customers can match
operational demands with workforce supply. Using MAPS, Manpower Software's
workforce optimisation software application, organisations can deploy the
right people and right skills, to the right place at the right time. With UK
headquarters in London, and its US base in Miami, Manpower Software provide
services and support to an international customer base across Europe, North
America and Asia Pacific. Founded in 1991, Manpower Software plc is a British
public company listed on the UK AIM stock market.
Please visit http://www.manpowersoftware.com for further information.
