19 April 2004
Civica plc
Pre-Close Trading Update.
Civica plc, the provider of public sector software and services, today reports on trading for the six months ended 31 March 2004.
Trading activity during the period has continued to be in line with the Group’s expectations, and is ahead of both the same period for 2003 and current year budget. In particular, operating profit and cash generation continues to be strong.
Highlights during the period include:
- A 3-year £1.7 million managed service contract with Transport for London to provide and manage a new system infrastructure for the Dial-a-Ride service.
- A 5-year, £1.3 million deal with Apcoa Parking, to provide parking services to Southwark Council.
- A managed services partnership with the Local Government Association of Queensland, Australia, for a managed library service for rural libraries across the state.
- Ten new local authority wins, including Housing Benefits software for North Norfolk District Council, parking systems for Hertsmere District Council and “Authority” local government solutions for the cities of Albury and Subiaco in Australia.
- Continued good progress in the Police sector, including number plate recognition systems for eight Police forces across the UK as well as Hounslow Community Safety Partnership involving the London Borough of Hounslow and the Metropolitan Police.
The Company intends to announce its Interim results on Tuesday 15 June 2004.
Simon Downing, chief executive of Civica, said, “We are very pleased with the progress made in the first half of the year and with new contract awards in our core service lines of consulting, software and managed services.
The results emphasise that whilst flotation marked the next stage in the Group’s development, our focus remains on continued performance and service delivery. Following the half year performance, the Board remains confident of Civica’s prospects for the full year to 30 September 2004.”
For further information, please contact: Civica plc 020 7760 2800
Simon Downing, Chief Executive
Tim Magness, Marketing Director
Buchanan Communications 020 7466 5000
Tim Thompson / Nicola Cronk
Notes to Editors
About Civica plc
Civica plc (www.civica.co.uk) is a well established and profitable software and IT services business specialising in the public sector market. The Group employs approximately 450 employees, of which around 230 are in the UK, 170 in Australia and 50 in the United States. Customers supplied by Civica include 45 per cent. of the UK’s local authorities and in Australia the Group is one of the leading local government software suppliers. In addition, the Group operates within the criminal justice, health, education and corporate markets in the UK and counts approximately 85 per cent. of UK police forces, 250 NHS Trusts and over 30 Local Education Authorities amongst its customers.