(Alliance News) - Kainos Group PLC on Friday said it anticipates results for its current financial year will be ahead of current market expectations.
The FTSE 250-listed information technology consulting and software provider noted continued momentum has driven a strong trading performance thus far in its financial year ending March 31.
Kainos stated that within its Digital Services division, it has continued to work on several substantial, long-term engagements as part of the UK government's digital transformation programme, including supporting the NHS as it responds to the Covid-19 pandemic .
It also highlighted its Workday automated testing platform Smart has helped to drive new client acquisitions, supporting over 200 international clients particularly within North America
Looking ahead, the London-based company said it is well-positioned for further growth and remains confident in its strategy.
"Looking ahead, our robust pipeline, strong balance sheet and significant contracted backlog underpins our confidence in our outlook."
Full year results will be published on May 24.
By Ife Taiwo; ifetaiwo@alliancenews.com
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Kainos Group (KNOS)