Anite ups guidance on Thomas Cook contract

Anite, a company which makes software for the leisure industry, is all sunshine this morning after announcing a big contract win with Thomas Cook.

The deal will see Anite implement its @com reservation system in Thomas Cook's UK "Mainstream" division.

The result is that Anite now believes revenues and profits for the full year up to April 30th 2012 will be "at least" in line with those reported last year.

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The order backlog is now in excess of £85m compared to £69.7m as at October 31st 2011.

The group says overall profits will come in at least at the top end of current market expectations.

Christopher Humphrey, the firm's Chief Executive, said he was "delighted" with the contract and added that @com "is the only proven large scale reservation system on the market today."

Shares in Anite had jumped 9.6% by 10:22. The stock has now almost doubled in value over the last 12 months.

BS