Sirius has increased its operating profit by 50% to £1.1m for the first half of 2006.

Sirius' turnover increased by 8% to £11.5m, while pre-tax profit was up by 50%, excluding goodwill amortisation, to £1.1m.

The listed software provider released an interim dividend of 0.55p per share, representing an increase of 0.05p on the previous year.

Sirius' chairman and group chief executive, Stephen Verrall, said: "At this stage we remain confident that expectations for the full year will be met. We have a solid and growing base of recurring revenues, strong services order book and a healthy prospect pipeline. We continue to focus on building on the Sirius 21 community and aim to secure new business wins for our Sirius for insurance product."

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