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Misys plc - Preliminary Results - Year End 31 May 2009
Misys plc
MISYS ANNOUNCES UNAUDITED PRELIMINARY RESULTS FOR THE YEAR ENDED 31 MAY 2009
KEY HIGHLIGHTS
Misys plc (FTSE: MSY.L) the global application software and services company, today 23 July 2009 announces strong results and continued growth for the year ended 31 May 2009. Despite the difficult economic environment, Misys is growing revenues and profit and building a platform for growth.
Reported Group revenue from continuing operations has increased by 41% compared with the prior year, to £692m. Total reported order intake has increased by £200m to £434m. On a pro-forma like-for-like basis, which adjusts for the effects of the Allscripts transaction on 10 October 2008 and the favourable movement in foreign exchange rates, Group revenues were £748m a 3% increase on the prior year and total order intake rose by 2%. Reported adjusted operating profit from continuing operations was £117m compared with £81m in the prior year, an increase of 43%. Reported adjusted operating margin was 17% compared with 16% in the prior year. On a pro-forma like-for-like basis, adjusted operating profit increased by 14.4%.
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