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Kainos Group PLC - Belfast-based provider of digital services to the public sector, healthcare market and commercial customers - Says trading in the year ended on March 31 continues to be strong across three divisions. Expects annual results to be in line with current consensus forecasts with revenue in the range of £351.7 million and £378.0 million, and adjusted pretax profit to be in the range of £66.1 million to £68.0 million.
‘Our performance has been underpinned by our long-term customer relationships, and we remain extremely grateful to our customers for the trust that they have placed in Kainos to help them deliver their ambitious digital projects,’ Kainos says.
Back in November, Kainos said in the six months that ended September 30, pretax profit increased 11% to £27.5 million from £24.8 million in the same period last year, as revenue rose 26% to £179.8 million from £142.3 million.
Current stock price: 1,318.00 pence each, down 4.8% on Wednesday morning in London
12-month change: up 4.5%
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