Kainos Group plc (LON: KNOS), a leading UK-based provider of digital services and platforms, today issued a trading update for the period from 1st April 2019 to date. The Company expects results for the full year ending 31 March 2020 to be in line with current market expectations.
The Group has delivered a solid Digital Services performance with positive momentum across government, healthcare and commercial clients. Digital Transformation has made progress within the Commercial sector whilst continuing to be a key supplier in the UK Government’s digital transformation programme. In relation to the latter, the Group remains cautious about public sector spending in the current political environment.
In Workday Services, the Group continues to benefit from an increasing book of business in continental Europe and North America following geographic expansion. 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.
The announcement of the Kainos Group plc results for the six months ended 30 September 2019 will be made on Monday 11 November 2019.
