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FFastFill line with management's expectations

By BFN News | 08:28 AM | Wednesday 04 April, 2012

Software-as-a-service specialist FFastFill expects full year adjusted operating profits to be in line with management's forecasts after a strong increase in profitability in the second half. Revenue for the year is expected to be broadly in line with management's expectations. In addition, the group expects to report a record 12-month order book of over £20m, arising from organic growth and from the successful integration of two acquisitions during the year. The board is particularly pleased with the level and quality of new customer wins secured in the second half and across the year as a whole. The company say these wins validates its SaaS strategy and its ability to offer full front-to-back services including advanced risk management, which, taken together provide it with additional recurring revenue and new growth opportunities. At 8:28am: (LON:FFA) FFastFill share price was +0.63p at 13.63p Story provided by