Kainos Group (KNOS)

Sector:

IT Services

Index:

FTSE 250

1,488.00p
   
  • Change Today:
    -1.00p
  • 52 Week High: 1,740.00p
  • 52 Week Low: 954.50p
  • Currency: UK Pounds
  • Shares Issued: 124.48m
  • Volume: 246,276
  • Market Cap: £1,852.31m

Kainos hails strong demand as H1 profits, revenue grow

By Michele Maatouk

Date: Monday 14 Nov 2022

LONDON (ShareCast) - (Sharecast News) - IT provider Kainos posted a jump in first-half profit and revenue on Monday as it hailed strong underlying demand.
In the six months to 30 September, adjusted pre-tax profit rose 16% to £34m, on revenues of £179.8m, up 26% on the same period a year earlier. Revenue from digital services was 17% higher at £110.5m, reflecting increased demand for digital transformation primarily across the public and commercial sectors.

Meanwhile, Workday Services revenue grew 44% to £48.4m, driven by growth in North America. Workday Products revenue increased to £20.9 m, up 45% on the year.

In addition, Kainos said bookings were up 18% during the half to £221.5m.

Chief executive Brendan Mooney said: "As the digital transformation market enters its second decade, it continues to grow in importance for organisations operating in government, in healthcare and in the commercial sector.

"This importance is translating into continued demand for the work that we do for our customers, not just in the last six months but also looking to the future. Despite the economic uncertainty, there is an urgency from our customers about extending existing projects and starting new projects."



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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 1,488.00p
Change Today -1.00p
% Change -0.07 %
52 Week High 1,740.00p
52 Week Low 954.50p
Volume 246,276
Shares Issued 124.48m
Market Cap £1,852.31m

Kainos Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
86.21% below the market average86.21% below the market average86.21% below the market average86.21% below the market average86.21% below the market average
83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average
Price Trend
77.98% above the market average77.98% above the market average77.98% above the market average77.98% above the market average77.98% above the market average
73.08% above the sector average73.08% above the sector average73.08% above the sector average73.08% above the sector average73.08% above the sector average
Income
64.82% below the market average64.82% below the market average64.82% below the market average64.82% below the market average64.82% below the market average
46.67% below the sector average46.67% below the sector average46.67% below the sector average46.67% below the sector average46.67% below the sector average
Growth
50.63% above the market average50.63% above the market average50.63% above the market average50.63% above the market average50.63% above the market average
81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 4
Sell 1
Strong Sell 0
Total 9
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 24-Nov-22 06-Oct-22
Paid 16-Dec-22 28-Oct-22
Amount 7.80p 15.10p

Trades for 27-Jan-2023

Time Volume / Share Price
16:29 13 @ 1,492.00p
16:29 4 @ 1,491.00p
16:29 2 @ 1,491.00p
16:29 57 @ 1,490.00p
16:29 57 @ 1,490.00p

Kainos Group Key Personnel

CEO Brendan Mooney
CFO Richard McCann
Chair Tom Burnet

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