Software outsourcing firm Quindell Portfolio hailed an 'exceptionally strong' first half with results comfortably in line with market expectations.
The firm said that turnover for the six months to the end of June was expected to be around £45m.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The company added it was "extremely confident" of meeting market expectations for the full year.
"With the integration of our core insurance outsource services operations over the last six months, the good performance of our core brand extension business and with continued growing demand for our technology, we have been able to deliver an extremely strong first six months of 2012," said Chairman Rob Terry.
Quindell highlighted its software and consultancy division, which finished the first half with a record level of license in the pipeline.
-
Clinging to cash over investing fears? You could miss out on thousands of poundsOverly-cautious savers could get stuck with low returns now the Bank of England has cut interest rates again amid predictions the base rate has further to fall
-
Tesla seeks approval to supply electricity to UK homes – could it disrupt the energy market?Tesla has applied for a license to supply UK households with electricity, but taking on the biggest providers could prove challenging
