Kainos Group plc (GB:KNOS) has released an update.
Kainos Group plc, a leading IT service provider, reports a 14th consecutive year of growth with a 2% revenue increase and a notable 19% rise in statutory pre-tax profit in their 2024 full year results. The company highlights significant strides in their Workday Products division, with a 26% jump in Annual Recurring Revenue, and maintains a robust international presence, with nearly 40% of revenues generated overseas. Despite global economic uncertainties, Kainos projects continued growth in its core business segments and shows strong cash reserves and increased dividends for shareholders.
For further insights into GB:KNOS stock, check out TipRanks’ Stock Analysis page.
