Kainos Group (KNOS)

Sector:

IT Services

Index:

FTSE 250

972.00p
   
  • Change Today:
    -8.00p
  • 52 Week High: 1,417.00
  • 52 Week Low: 936.50
  • Currency: UK Pounds
  • Shares Issued: 125.74m
  • Volume: 3,814
  • Market Cap: £1,222.21m

Kainos reports record results as crisis spurs digital investment

By Sean Farrell

Date: Monday 24 May 2021

LONDON (ShareCast) - (Sharecast News) - Kainos's annual profit more than doubled to a record as organisations invested in their digital operations during the pandemic.
Pretax profit for the year to the end of March rose 117% to £50.3m as revenue increased 31% to £234.7m. Adjusted pretax profit rose 124% to £57.1m.

Kainos reported a final dividend of 15.1p, taking the annual payout to 28.2p a share or 76% of adjusted profit after tax. The FTSE 250 group paid out 3.5p a share a year earlier after putting dividends on hold during the pandemic.

Revenue was boosted by the UK National Health Service and other organisations and companies spending to improve digital services. Operating costs rose 15% to £68.2m. Kainos said expenses rose significantly more slowly than revenue because it spent less on travel, training and recruitment during the crisis and that these savings were one-offs.

Chief Executive Brendan Mooney said: "Since 2010 we have been helping our customers drive digital transformation. That trend has continued through the pandemic and we have once again delivered a strong business performance.

"We have maintained our high levels of customer satisfaction and employee engagement, at the same time delivering record levels of sales, revenue, adjusted pretax profit and cash."

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Kainos Group Market Data

Currency UK Pounds
Share Price 972.00p
Change Today -8.00p
% Change -0.82 %
52 Week High 1,417.00
52 Week Low 936.50
Volume 3,814
Shares Issued 125.74m
Market Cap £1,222.21m

Kainos Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
88.59% below the market average88.59% below the market average88.59% below the market average88.59% below the market average88.59% below the market average
78.57% below the sector average78.57% below the sector average78.57% below the sector average78.57% below the sector average78.57% below the sector average
Price Trend
49.37% below the market average49.37% below the market average49.37% below the market average49.37% below the market average49.37% below the market average
38.3% below the sector average38.3% below the sector average38.3% below the sector average38.3% below the sector average38.3% below the sector average
Income
42.68% below the market average42.68% below the market average42.68% below the market average42.68% below the market average42.68% below the market average
Sector averageSector averageSector averageSector averageSector average
Growth
97.02% above the market average97.02% above the market average97.02% above the market average97.02% above the market average97.02% above the market average
95.45% above the sector average95.45% above the sector average95.45% above the sector average95.45% above the sector average95.45% above the sector average

What The Brokers Say

Strong Buy 2
Buy 4
Neutral 3
Sell 1
Strong Sell 0
Total 10
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 23-Nov-23 28-Sep-23
Paid 15-Dec-23 20-Oct-23
Amount 8.20p 16.10p

Trades for 28-Mar-2024

Time Volume / Share Price
08:10 96 @ 970.00p
08:10 97 @ 972.00p
08:10 1 @ 972.50p
08:10 5 @ 972.50p
08:10 10 @ 972.50p

Kainos Group Key Personnel

CFO Richard McCann
Chair Tom Burnet
CEO Russell Sloan

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