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K3 Business Technology Says Trading In Line, December Progressing Well

9th Dec 2015 09:12

LONDON (Alliance News) - K3 Business Technology Group PLC Wednesday said trading in its new financial year to date is in line with management expectations, with its important trading month December progressing well.

The software and services company said sales in all of its key products are encouraging, and it is continuing to see growing demand for its cloud hosting, in a statement ahead of its annual general meeting.

"We continue to make good progress in transitioning K3 into a software vendor with product suites that contain increasing levels of our intellectual property. It is significant that the group secured its first orders through global systems integrators for our ax l is fashion solution in the period. These wins continue to demonstrate the product's global potential. The expansion of sales through the channel partner network remains a key focus for K3 alongside direct sales," said Chairman Las-Olof Norell in the statement.

Shares in K3 Business Technology were down 0.2% at 366.25 pence Wednesday morning.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.


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