Business software firm eg solutions has announced a stable improvement in its fortunes over the last six months.

Revenue rose 15 per cent to £2.4 million at the Staffordshire firm, and an improvement in its profit level meant it improved its cash position slightly.

The company said that in the six months to July 31 it had already secured contracts matching up to 71 per cent of its anticipated income for the full year.

This included significant deals with a bancassurance group in the Nordic region, and a deal to provide software to one of South Africa’s top administration companies.