K3 Business Technology Group Share News (KBT)

K3 Business Technology Profits Hit By Development Costs

STOCKS NEWS EUROPE-FTSE AIM index advances 0.2 percent

The FTSE AIM All Share Index ends up 0.2 percent, while the FTSE Small Cap Index climbs 0.3 percent, outperforming the blue-chip FTSE 100 , off 0.5 percent. Toy company Casdon Plc rises 5.6 percent after the company posts higher profits. K3 Business Technology Group Plc rises 1.3 perc

STOCKS NEWS EUROPE-UK small caps flat, AIM firmer in early trade

UK small caps trade flat, while the broad AIM index adds 0.3 percent in morning deals, both lagging gains of 0.6 percent on the mid-caps . AIM-listed K3 Business Tech, which provides software and other services to the supply chain industry, drops 8.7 percent on news that, despite some majo

K3 warns pre-tax profits will be below market forecasts

AIM-listed software firm K3 Business Technology Group expects to generate pre-tax profits below current market forecasts, according to trading update for the financial year ending June 30th 2013. In a statement issued Friday morning, the company, which provides Enterprise Resource Planning software

Barclays Chairman boosts stake after results fail to impress

Sir David Walker, the newly-installed Chairman of Barclays, has swelled his stake in the company with the addition of 50,000 shares just one day after the company delivered a rise in adjusted third-quarter pre-tax profit. Walker added 50,000 shares at 230.19p each, taking his share in the company

K3 Business Technology pulls out of formal sale process

Software firm K3 Business Technology Group has terminated its previously announced formal sale process with immediate effect, after deciding that the proposals it had received are not at 'a level that would be acceptable to shareholders and are therefore not recommendable by the board'. The news ca

Small caps round-up: K3, Densitron, Innovation...

Software firm K3 Business Technology Group has received a number of indicative proposals at levels materially higher than the current share price, which it will explore these under a formal sale process and is now consequently in an offer period. Shares in the firm leapt 21.75 percent to 187.50p.

K3 buys retail software firm for £1.3m

AIM-listed software firm K3 Business Tech has acquired Retail Systems Group (RSG) for £1.28m, a provider of Microsoft Dynamics 'Retail Management System' to retailers in the UK and Ireland. K3 said that this deal gives it access to the "significant market for smaller retailers." RSG has around 200

K3 enjoys repeat custom

Recurring revenue was the recurring theme for enterprise resource software firm K3 Business Technology as it unveiled its interim results. Revenue in the six months to 31 December was up 5% at £24.67m from £23.52m in the second half of 2009, though this included a contribution of £1.22m from two ac

Strong first half for K3

Enterprise resource software K3 Business Technology says that its underlying operating profit will be much higher in the six months to December 2010. Edison Investment Research estimates that continuing interim revenues will be flat but there will be some growth in profit. The rest of the profit i

K3 buys software business

Enterprise resource planning software provider K3 Business Technology is acquiring the Sage 200 business of FD Systems for £1.25m in cash. The Sage Line 200 suite of business management software provides enterprise resource planning for small and medium?sized companies. The business generates an

Broker tips: Micro Focus, K3, Hightex

Investors spooked by the chairman of Micro Focus, Kevin Loosemore, selling a third of his shareholding in the business software maker might feel a lot more sanguine about the company's prospects once they know the circumstances behind the sale, Panmure Gordon reckons. "Mr. and Mrs. Loosemore have j

Broker snap: K3 deal offers cross-selling opportunities

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 tota

Managed services buy for K3

K3 Business Technology has made its latest move in the managed services sector through the £1.7m purchase of Panacea. K3 will also pay off a £500,000 overdraft. Hampshire-based Panacea made an underlying operating profit of £0.57m on annual revenues of £9.58m. Annual recurring revenues are £4.5m

K3 Business Technology 12, 18 Mos Trading In Line With Market Views

LONDON (Dow Jones)--K3 Business Technology Group PLC (KBT.LN), a computer software and consultancy company, announced Tuesday that results for the 12 and 18 month periods ended Jun. 30, are anticipated to be in line with market expectations. MAIN FACTS: -Despite the difficult economic backdr