StockMarketWire.com - Kainos announced trading continued in line with market expectations in a trading update for the year to 31 March 2019.

The company said it remains well positioned in its core markets, underpinned by a strong sales performance.

Growth in digital services was strong, driven by both digital transformation and workday services, and with continued momentum across government, commercial and healthcare clients.

The international client base also continued to expand, supported by the group's broadened European and North American footprint.

Digital platforms performed in line with expectations, mainly driven by the Kainos Smart platform, where the firm continued to acquire new national and international clients.

Recruitment remained strong, with the total number of employees and contractors worldwide at the end of March 2019 at 1,470, an increase of 301 people since 1 April 2018.

Kainos said it has a robust balance sheet with no debt and strong cash generation. The company will announce results for the year ending 31 March on 28 May 2019.


At 8:48am: [LON:KNOS] Kainos Group Plc share price was -6p at 556p



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