StockMarketWire.com - Kainos Group, a leading provider of IT, consulting and software solutions, posts pre-tax profits of £6.8m for the six months to the end of September - 5% up on last time.

Revenues were 2% higher at £41.4m and adjusted pre-tax profits rose by 1% to £7.1m.

Sales orders of £63.4m were up by 94% and SaaS sales orders of £5.3m were up by 253%.

The backlog of £97.1m was up 43%.

Chief executive Brendan Mooney said: 'It has been another successful period for Kainos and I am particularly pleased with our strong sales execution which provides a solid platform for further growth.

'To support this growth we have continued to expand nationally and internationally during 2017, opening three new offices in Birmingham, Frankfurt and Copenhagen.

Within Digital Services, we continue to be a key partner to UK government in their major transformation programmes.

'We are also driving very strong growth in the commercial sector, which remains our fastest growing segment within the division.

'The past period has seen us consolidate our position as the leading European boutique partner for Workday and we now have 17 customers in mainland Europe (H1 2017: 9).

'In Digital Platforms, our software is now used by over 140 national and international organisations. Smart, our market-leading SaaS platform for automated testing of the Workday suite is now used by 103 global clients.

'Evolve Integrated Care, our SaaS platform to allow the automation of care pathways for healthcare delivery organisations, is now operational in 45 US hospitals.

'Closer to home, we have signed our first deal for Evolve EMR in Ireland and, post period end, our first Cloud EMR deal in the NHS.

'We remain committed to our customers and to our people. For our customers, we are focused on delivering exceptional digital products and services coupled with best-in-class customer service. For our people, Kainos strives to be an excellent employer and will continue to focus on developing the careers and talents of our people.

'Looking forward, the future is exciting.

'The Group's pipeline of prospects continues to strengthen across all divisions and the Board believes that Kainos is well-positioned for growth in the coming years.'








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