4th Sep 2019 09:12
(Alliance News) - Kainos Group PLC on Wednesday said annual results for its year ending March 2020 are aligned with market expectations.
The digital services and platforms firm said it "has delivered a solid Digital Services performance", and momentum has been good across its commercial, healthcare and government clients.
Kainos said its Digital Transformation unit has "made progress within the commercial sector" while remaining a "key supplier in the UK government's digital transformation programme".
Kainos said it is cautious regarding public sector spending given the political environment in the UK at present.
In terms of its Workday Services business, Kaino said it has "an increasing book of business in continental Europe and North America" thanks to its geographic expansion, which has benefited the unit.
"Digital Platforms growth has been driven by Smart, our Workday automated testing platform, where we have continued to win new clients and drive very strong growth," said Kainos.
The firm will announce its results for the first half of its year ending September 30 on November 11.
Shares in Kainos were down 1.4% at 488.00 pence in London on Wednesday morning.
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