Focus Solutions profits up 27%

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Focus Solutions Group, the technology provider, has posted a 27% profit increase for the year ended 31 March 2009.

Profit increased from £1.4m to £1.78m over the period, while sales revenue rose 12% to £9.6m. The results are on the back of a strong year for the company which secured two new contracts with HSBC and further deals with Towergate Financial and Bank of Ireland. Chief executive Richard Stevenson says the company is receiving positive feedback on its Focus 360 products. "We are still seeing a similar level of demand for Focus 360 as last year. We have a number of clients who are evaluating this service now through workshops and we hope to see them convert in the first six months into ne...

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