Xchanging expects to meet year targets

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The statement said recent sales momentum has been encouraging but, as the company previously stated, it expected growth to be weighted towards the second half of 2010 due to the time it takes to conclude deals in these markets.

It added that it would continue the active management of its cost base and that it was on track to deliver the savings it identified in December 2009.

"The Group's financial position remains strong and our global platform and broad customer base will continue to support

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