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.
Earnings per share were in line with market expectations at around 0.44p, it said.
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.
-
Christmas at Chatsworth: review of The Cavendish Hotel at BaslowMoneyWeek Travel Matthew Partridge gets into the festive spirit at The Cavendish Hotel at Baslow and the Christmas market at Chatsworth
-
Tycoon Truong My Lan on death row over world’s biggest bank fraudProperty tycoon Truong My Lan has been found guilty of a corruption scandal that dwarfs Malaysia’s 1MDB fraud and Sam Bankman-Fried’s crypto scam
