Kainos Group (KNOS)

Sector:

IT Services

Index:

FTSE 250

975.50p
   
  • Change Today:
    -4.50p
  • 52 Week High: 1,417.00
  • 52 Week Low: 936.50
  • Currency: UK Pounds
  • Shares Issued: 125.74m
  • Volume: 6,187
  • Market Cap: £1,226.61m

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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Kainos Group Market Data

Currency UK Pounds
Share Price 975.50p
Change Today -4.50p
% Change -0.46 %
52 Week High 1,417.00
52 Week Low 936.50
Volume 6,187
Shares Issued 125.74m
Market Cap £1,226.61m

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
08:25 7 @ 975.50p
08:25 33 @ 975.50p
08:25 37 @ 975.50p
08:22 1 @ 975.50p
08:17 2 @ 975.00p

Kainos Group Key Personnel

CFO Richard McCann
Chair Tom Burnet
CEO Russell Sloan

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