- K3 Business Technology Group's trading in the first half of its year to the end of June has been in line with management expectations with an increase in sales of approximately 20% against the corresponding period last time.

K3 says this very encouraging revenue growth mainly reflects continuing progress with K3's new flagship Microsoft Dynamics AX solution, with first sales also coming through via K3's international reseller channel in Europe, Australasia and North America. In addition, as previously reported, K3 is also seeing improving sales in its existing software products, including SYSPRO and Microsoft Dynamic NAV although the Dutch retail market remains difficult.

At 9:03am: [LON:KBT] K3 Business Technology Group PLC share price was +5.5p at 215.5p

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