AdvancedAdvT Ltd on Monday said that its half-year ended in line with expectations, as it changed its financial year.
The London-based acquisition vehicle said the six months to December 31 ended as expected, as it announced its financial year will end on February 28, or on February 29 during leap years, changed from June 30. It plans to release results for the half-year in March.
AdvancedAdvT added it will publish results for the eight months to February 29 in early summer.
‘As anticipated, AdvT is observing positive digitalisation trends across both business solutions and healthcare compliance operations. The recently launched automated clinical coding solution has been adopted by the first customer, with a pipeline of further opportunities being built. Moreover, there’s an increasing demand for the digital services and solutions, out of the Ireland-based operations,’ the company said.
AdvancedAdvT shares are currently suspended. The company said its shares will start trading on London’s AIM market on Wednesday, switching from London’s main market.
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