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Pin to quick picksK3 Business Technology Group Share News (KBT)

Share Price Information for K3 Business Technology Group (KBT)

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Share Price: 96.00
Bid: 95.00
Ask: 97.00
Change: 0.00 (0.00%)
Spread: 2.00 (2.105%)
Open: 95.50
High: 96.00
Low: 95.50
Prev. Close: 96.00
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Broker snap: K3 deal offers cross-selling opportunities

Thu, 23rd Dec 2010 13:23

The latest acquisition by Microsoft based business solutions provider K3 Business Technology should be earnings enhancing and drive growth in recurring revenues, Edison Investment Research reckons.K3 has acquired certain assets of FD Systems Ltd, specifically its Sage 200 business unit, for a total consideration of £1.25m. The deal adds around 330 Sage 200 customers to K3's existing customer base, Edison notes, and opens up the opportunity for some cross selling.The research house has revised its forecasts for K3 as a result of the acquisition, bumping up forecasts revenues by 2.2% for fiscal 2011 (FY11) and by 3.7% for fiscal 2012 (FY12). " We estimate that the deal will be earnings enhancing, driving increases of 2.3% and 4.2% respectively to FY11 and FY12 normalised earnings per share. We estimate the deal will increase K3's net debt position from £11.5m to £12.8m at the end of FY11 and £8.0m to £9.0m at the end of FY12," Edison said.Based on these revised estimates K3 trades on a price/earnings multiple "towards the low end of its peer group". "We believe that K3 can continue to re-rate if it can successfully integrate recent acquisitions and cross-sell hosting services to the newly acquired customer bases," the research note concluded.
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2 Jun 2014 13:20

DIRECTOR DEALINGS: K3 Business Technology CEO Acquires Shares

LONDON (Alliance News) - K3 Business Technology Group PLC Monday said that Chief Executive Officer David Bolton acquired 59 shares at a price of GBP2.101 per share, via a share incentive plan. Bolton now holds a total of 976,706 shares, representing a 3.10% shareholding in the company. <

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1 May 2014 17:33

DIRECTOR DEALINGS: K3 Business Technology CEO Acquires Shares

LONDON (Alliance News) - K3 Business Technology Group PLC Thursday said that Chief Executive David Bolton acquired 55 shares via a share incentive plan, at GBP2.27 per share. Bolton now holds a total of 976,647 shares, representing a 3.10% stake in the company. Shares in K3 Business T

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17 Mar 2014 11:33

K3 Business Technology Pretax Profit Up On New Order Wins

LONDON (Alliance News) - K3 Business Technology Group PLC saw pretax profit rise in the half-year ended December 31, 2013, as revenue was boosted by order wins and its new 'ax|is fashion' product. K3 posted a pretax profit of GBP875,000, up from GBP185,000 in the previous year, as revenue r

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17 Mar 2014 07:58

K3 Business Technology H1 profits helped by new product launch

K3 Business Technology, the AIM-listed business software firm, hailed a 'significant turnaround in performance' in the first half, as results were helped by the first sales of its new Microsoft Dynamics AX solution and an improvement in retail sentiment. Adjusted pre-tax profits totalled £3.16m in

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27 Jan 2014 14:54

K3 CEO hands the baton to CFO

K3 Bussiness Technology, the enterprise resource and planning (ERP) software company, announced Chief Executive Officer (CEO) Andy Makeham is to step down from the board with immediate effect. Makeham, who has been CEO of the company for 14 years, is stepping down 'to pursue new interests'. The r

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27 Jan 2014 09:43

K3 Business Technology CEO Departure Rings In A Re-Shuffle

LONDON (Alliance News) - K3 Business Technology Group PLC Monday said Chief Executive Andy Makeham is leaving to pursue other interests after nearly 14 years at the helm and will be replaced by Chief Financial Officer David Bolton, who has held that role for over 15 years. In a statement, t

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20 Jan 2014 09:09

K3 Business Technology First-Half Trading In Line With Expectations

LONDON (Alliance News) - K3 Business Technology Group PLC said Monday that trading in the first half ended June 30 has been in line with expectations, as it saw encouraging demand for its 'ax | is fashion' software system. 'Ax | is fashion', built on Microsoft Dynamics for Retail, is a soft

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3 Jan 2014 09:43

DIRECTOR DEALINGS: K3 Business Tech Group Executives Acquire Shares

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27 Nov 2013 11:55

K3 Business Technology Says It's Trading In Line With Expectations

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1 Oct 2013 12:39

DIRECTOR DEALINGS: K3 Business Technology Executives Buy Shares

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