Netcall rises after upbeat full-year trading update

3rd Aug 2015 11:48

(ShareCast News) - Health software and services provider Netcall jumped 9% on Monday after announcing it expects to report record full-year turnover and earnings.The group said its trading for the year ended 30 June 2015 is expected to have a "satisfactory outcome" also driven by a rise in order inflow during the second half.Its Liberty Customer Engagement platform enjoyed strong demand. The health market also traded well with one in three NHS Trusts having now licensed the group's appointment management cycle products.Following new orders based on its SaaS delivery models, the group is considering investing in its SaaS capabilities to meet growing demand.Chief executive Henrik Bang said: "We continued to perform well in the second half of the year underpinned by good cross and up-sales together with an increasing number of orders based on SaaS delivery models."Together with our strong balance sheet and broad customer base the board believes Netcall is well positioned for the future."FinnCap analysts said: "We consider this to be a strong buying opportunity and reiterate our 12-month target of 80p, suggesting 75% upside."Shares rose 9.29% to 50p on Monday at 1047 BST.