Kainos Group (KNOS)

Sector:

IT Services

Index:

FTSE 250

774.00p
   
  • Change Today:
      6.00p
  • 52 Week High: 1,270.00
  • 52 Week Low: 741.00
  • Currency: UK Pounds
  • Shares Issued: 125.53m
  • Volume: 81,268
  • Market Cap: £971.60m
  • Beta: 1.24

Kainos re-appoints Brendan Mooney as CEO

By Iain Gilbert

Date: Wednesday 11 Dec 2024

LONDON (ShareCast) - (Sharecast News) - IT provider Kainos said on Wednesday that it has re-appointed Brendan Mooney to the board as chief executive officer.
Mooney will succeed outgoing CEO Russell Sloan, who will step down from the role with immediate effect. Sloan previously took over from Mooney in September 2023.

Brendan started working for Kainos in 1989 and was CEO for 22 years before stepping down. He also led Kainos through a successful IPO in 2015 and turned the group into an international business.

AJ Bell's Dan Coatsworth said: "A chief executive presiding over a gradually declining share price only has so long to fix the problem before shareholders or the board of directors push for change at the top. It looks like time ran out for Kainos' CEO, Russell Sloan, who has left with immediate effect. He was only in the top job for just over a year.

"Bringing back the previous CEO has gone down well with the market as Brendan Mooney is a known entity. He is seen as a trusted pair of hands who knows the business inside and out. The big unknown is whether Mooney has been brought back on a temporary basis as a 'Mr Fix It' or if he's in it for the long haul."

Kainos also stated expectations for the year ending 31 March 2025 were unchanged from the time of its H1 results on 11 November.

As of 0925 GMT, Kainos shares were up 7.35% at 862.0p.





Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Kainos Group Market Data

Currency UK Pounds
Share Price 774.00p
Change Today 6.00p
% Change 0.78 %
52 Week High 1,270.00
52 Week Low 741.00
Volume 81,268
Shares Issued 125.53m
Market Cap £971.60m
Beta 1.24

Kainos Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
82.31% below the market average82.31% below the market average82.31% below the market average82.31% below the market average82.31% below the market average
55% below the sector average55% below the sector average55% below the sector average55% below the sector average55% below the sector average
Price Trend
67.11% below the market average67.11% below the market average67.11% below the market average67.11% below the market average67.11% below the market average
65.52% below the sector average65.52% below the sector average65.52% below the sector average65.52% below the sector average65.52% below the sector average
Income
5.15% above the market average5.15% above the market average5.15% above the market average5.15% above the market average5.15% above the market average
48.15% above the sector average48.15% above the sector average48.15% above the sector average48.15% above the sector average48.15% above the sector average
Growth
78.84% above the market average78.84% above the market average78.84% above the market average78.84% above the market average78.84% above the market average
65.00% above the sector average65.00% above the sector average65.00% above the sector average65.00% above the sector average65.00% above the sector average

What The Brokers Say

Strong Buy 3
Buy 5
Neutral 3
Sell 1
Strong Sell 0
Total 12
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Kainos Group Dividends

  Latest Previous
  Interim Final
Ex-Div 21-Nov-24 03-Oct-24
Paid 13-Dec-24 25-Oct-24
Amount 9.30p 19.10p

Trades for 24-Dec-2024

Time Volume / Share Price
12:35 19,209 @ 774.00p
12:35 1 @ 774.00p
12:35 196 @ 774.00p
12:35 172 @ 774.00p
12:35 374 @ 774.00p

Kainos Group Key Personnel

CEO Brendan Mooney
CFO Richard McCann
Chair Rosaleen Blair

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