16th Mar 2016 08:47
LONDON (Alliance News) - IT, consulting and software services company Kainos Group PLC on Wednesday said trading remains in line with its expectations, with some signs of improvement in conditions in the public sector market.
The company said a gradual brightening of conditions in the UK public sector market should drive further opportunities on its contracts with the Ministry of Justice and the Office of National Statistics. Kainos also remains optimistic on potential opportunities from the ongoing digitisation of the UK's National Health Service and said it is well positioned to benefit when work arises.
Beyond its government sales, its Evolve and WorkSmart divisions are performing well in the US and Europe, it said.
In a separate statement on Wednesday, Kainos said it has signed a partnership with InTouch Health, a telehealth services company, with the deal focused on Kainos's Evolve unit boosting InTouch's mobile capabilities.
The pair have signed a five-year partnership, with Evolve to be deployed as a software-as-a-service platform to support telehealth applications run by InTouch in the US. No financial details were disclosed.
Kainos shares were up 3.6% to 199.60 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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