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Published on 13/12/11
Public Sector Software peer group review - Q4 2011
In what has been a turbulent quarter for share prices, the Public Sector Software peer group has performed relatively well, breaking into double digit performance against a 4% rise in the FTSE All share. Recent results released in the last 3 months continue to be mixed. However, the majority are slightly more upbeat than expected given ongoing government austerity measures; results from the healthcare software providers continue to be the most resilient. M&A and fundraising activity remains subdued.
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