Trading Update

RNS Number : 8947O

Kainos Group plc

04 February 2019

 

4 February 2019

Kainos Group plc

 ("Kainos" or the "Group") 

Trading Update

Kainos Group plc, a leading provider of Digital Services and Platforms, today issues a trading update for the period from 26 November to date.

The Group continues to see very strong momentum within its core markets and as a consequence, the Board expects the results for the year ending 31 March 2019 to be ahead of current market expectations.

Growth in Digital Services continues to be very strong, with ongoing demand for both Digital Transformation and Workday Services, across government and commercial clients. Digital Platforms continues on its growth trajectory, in line with previous guidance.

Kainos' results for the year ended 31 March 2019 will be announced on Tuesday 28 May 2019.

Ends

For further information, please contact:

Kainos                                                                                         via FTI Consulting LLP

Brendan Mooney, Chief Executive Officer

Richard McCann, Chief Financial Officer

Investec Bank plc                                                                               [phone]

Patrick Robb / Sebastian Lawrence

Canaccord Genuity                                                                            [phone]

Simon Bridges / Emma Gabriel

FTI Consulting LLP                                                                            [phone]

Matt Dixon / Harry Staight

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 leading European partner for Workday Inc. ('Workday') responsible for implementing Workday's innovative Software-as-a-Service (SaaS) platform for enterprise and, now, government customers.

The Group's Digital Platforms comprise specialised digital products in the mobile healthcare and automated testing arenas. Smart is an automated testing platform for Workday customers; Evolve Electronic Medical Records ('EMR') is the market leading product for the digitisation of patient notes in the Acute sector of the NHS.

Kainos has over 1,400 people across eleven offices in Europe and the USA.

Kainos is listed on the London Stock Exchange (LSE: KNOS). For further information, please visit www.kainos.com

 

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