- K3 Business Technology Group expects profitability for the first half to show a significant increase year-on-year in line with management forecasts.

The group says the board is pleased with the progress K3 has made in the first half of the financial year, particularly with its transition to focus on software products with increasing levels of its own intellectual property.

The group's strategy to drive sales through channel partners also continued to show excellent progress and K3 signed its first major software order through a global systems integrator ("GSI") in the period, as reported on 15 September. It has since secured a further major order through another GSI, with details to be disclosed in due course.

At 8:10am: [LON:KBT] K3 Business Technology Group PLC share price was +1.5p at 346.5p

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