Kainos Group plc Trading Update (6547P)
04 September 2017 - 4:00PM
UK Regulatory
TIDMKNOS
RNS Number : 6547P
Kainos Group plc
04 September 2017
4 September 2017
Kainos Group plc
("Kainos" or "the Company")
Trading Update
Kainos Group plc, a leading provider of Digital Services and
Platforms, today issues a trading update for the period from 1
April 2017 to 31 August 2017. The Company expects results for the
full year ending 31 March 2018 to be in line with current market
expectations.
In the Digital Services division, the Group has delivered a
solid performance and has a very strong pipeline in both Digital
Transformation and Workday Implementation. In Workday
Implementation, the Group is pleased with an increasing pipeline of
business in continental Europe.
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 continues to benefit from a robust balance sheet and
good cash generation.
The announcement of Kainos' results for the six months ended 30
September 2017 will be made on Monday 27 November 2017.
- ENDS -
For further information, please contact:
Kainos via FTI Consulting LLP
Brendan Mooney, Chief Executive Officer
Richard McCann, Chief Financial Officer
Peter McKeown, Group Head of Finance
Investec Bank plc +44 20 7597 5970
Patrick Robb
Canaccord Genuity +44 20 7523 4606
Simon Bridges / Emma Gabriel
FTI Consulting LLP +44 20 3727 1000
Matt Dixon / Chris Lane / Nicola Krafft
About Kainos
Kainos Group plc is a UK-based provider of Digital Services and
Digital Platforms.
The Group's Digital Services include full lifecycle development
and support of customised Digital Services for government and
commercial customers. Kainos is also the largest boutique partner
for Workday Inc. ('Workday') in Europe, responsible for
implementing Workday's innovative Software- as-a-Service (SaaS)
platform for enterprise customers.
The Group's Digital Platforms comprise specialised digital
products in the mobile healthcare and automated testing arenas.
Evolve Electronic Medical Records ('EMR') is the market leading
product for the digitisation of patient notes in the Acute sector
of the NHS; Evolve Integrated Care ('IC') is a SaaS-based
integrated care platform for the NHS and international healthcare
providers; and Smart is an automated testing platform for Workday
customers.
Kainos employs approximately 1,000 staff and contractors across
eight offices in Europe and the USA, working interchangeably across
its Services and Platforms businesses.
Kainos is listed on the London Stock Exchange (KNOS). For
further information, please visit www.kainos.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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