LONDON (ShareCast) - (Sharecast News) - Craneware hailed a "positive" start to trading in the first four months of the year on Tuesday, in line with management expectations.
The healthcare technology company said strong demand has continued across its enlarged product suite from both new and existing customers.

Chief executive officer Keith Wilson said at the group's annual general meeting that its recent Financial Performance Summit in the US was the most well-attended in the history of the company, with representatives from around 600 hospitals.

"From the workshops and panel discussions at the event, it is evident that the move to value-based care is growing in momentum and hospitals are preparing for this shift. As we launch our new Trisus products over the coming weeks and continue to invest in future products over the coming years, we see the opportunity for Craneware to become a major player in the healthcare market, ensuring hospitals have the tools to thrive in this near era, improving both margins and patient outcomes," Wilson said.

"With a continued high level of recurring revenues, a growing customer base, healthy cash balances and significantly increased addressable market through our expanding product suite, we look to the future with confidence."

At 1410 GMT, the shares were up 1.7% to 3,305p.

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