Kainos Group plc (GB:KNOS) has released an update.
Kainos Group plc, a leading UK IT provider, has issued a trading update indicating a small revenue growth below market consensus for FY2025, amidst a challenging macro-economic environment. Despite a subdued start, the company expects revenue growth later in the year, bolstered by strong performance in their Workday Products division and a significant strategic partnership with Workday. With a strong balance sheet and a healthy pipeline, Kainos anticipates positive momentum in the latter half of the year and is confident in its long-term growth prospects.
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