Staffware Plc, the Maidenhead, UK workflow software developer, has recorded first half profit after tax up 183.5% at 465,000 pounds ($747,000) on revenue that rose 16.4% to 11.2m pounds ($17.9m). Earnings per share rose 191.6% to 3.5 pence ($0.06). Chairman Paul Fullagar said that Staffware’s strategy of targeting large firms had worked well, with Hewlett-Packard Leasing, Barclays Bank and Emirates Airlines signed up. Fullagar also picked out the company’s strategy of geographical expansion, especially in the emerging markets in Spain, Australia and the Middle East. The company has also undergone cost-cutting by reducing sales staffing and spending the marketing budget on specific verticals in finance, telecoms and government.
