StockMarketWire.com - IT group Kainos hiked its dividend Monday as first-half profit before tax rose by more than fifth amid ongoing strength in digital services.

For the six months ended 30 September, pre-tax profit increased 28% to £8.7m and revenue rose 62% to £67.2m.

The upbeat performance was led by digital services revenue growth, which grew 75% to £57.3m, driven by growth in both digital transformation and workday services.

The company proposed a dividend of 2.8p a share, up 40% on last year.

'The group's pipeline of prospects continues to strengthen across all divisions and the board believes that the group is well-positioned for growth both in the short-term and in the coming years, the company said.






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