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Trading statements

Kainos on track

04 September 2017 07:34

Kainos Group expects results for the full year ending 31 March to be in line with current market expectations.

In a trading update for the period from the beginning of April to the end of August, it said that its digital services division had delivered a solid performance and had a very strong pipeline in both digital transformation and workday implementation.

It said that in workday implementation, the group was pleased with an increasing pipeline of business in continental Europe.

It added: "In digital platforms, Worksmart has seen very strong growth, which has been partially offset by continued investment in the Evolve Integrated Care platform."

The group said it continued to benefit from a robust balance sheet and good cash generation.

Story provided by StockMarketWire.com

Related Company: KNOS

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