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Listed on AIM (symbol ASW), and an AIM UK Top 50 company, Advanced Computer Software Group plc is a leading provider of software and IT services to the public, private and not for profit sectors which enable organisations to improve efficiency, reduce costs and drive growth.
The Group’s strategy – to develop the business through a strong organic growth and complementary acquisitions – has resulted in a substantial, robust and cash generative organisation. Pro forma* turnover following the key acquisition of Computer Software Holdings in March 2013, has grown to more than £190m in less than five years. The Group now employs approximately 1,900 staff servicing 20,000 customers from eight regional offices across the UK.
Originally established to consolidate the fragmented primary care software market, the Group now comprises three divisions addressing the needs of both public and private sector organisations. The Health and Care division sells a range of products to the NHS and private sector including patient workflow and case management for social care providers, mobile applications for care in the community and rostering applications for social care settings. The Business Solutions division provides accounting, payroll, HR and document management solutions to local authorities, health organisations and a range of companies across the commercial sector.Underpinning both divisions, the Group’s 365 Managed Services division supports the Group’s software portfolio in addition to providing managed services to a wide range of customers.
By means of this common technology platform the Group is able to offer solutions in a variety of ways to best suit customers’ business needs including the provision of hosted cloud-based solutions such as Software as a Service (SaaS) which can be delivered as a fully managed service with software hosted either in the Group’s own data centres or on the customer’s own premises.
*As if all acquisitions were present from 1 March 2012.
Advanced Computer Software Group plc published its half year results for the six months ended 31 August 2013 on Wednesday 30 October 2013.
Number of shares in issue: 473,553,648
As at 31st October 2013, the number of shares “not in public hands”, as defined in the AIM Rules, is 31%.
|M+G Investment Management||15.74%|
|Liontrust Asset Management||10.16%|
|Artemis Investment Management||4.75%|
|Majedie Asset Management||3.20%|
|JPMorgan Asset Management||3.17%|