(Alliance News) - IT provider Kainos Group PLC said Thursday its trading continues to be resilient.
In the period from April 1 to date, Kainos said its two units - Digital Services and its Workday Practice - have been supported by long-term customer relationships and "diversified" revenue across customers, end markets and geographic regions.
As a result, Kainos expects its full-year results - for the period ending March 31, 2021 - to be in line with market consensus.
Growth in Digital Services continues to be driven by demand within the NHS and public sector, Kainos said.
In the Workday Practice unit, the "geographic spread" has boosted the division. The unit was able to secure "significant new consulting contracts nationally and internationally".
"Notwithstanding this strong performance, a robust pipeline and significant backlog, we remain mindful of the current economic disruption caused by Covid-19. We maintain a close dialogue with our customers and partners, and continue to pay careful attention to the impact that Covid-19 related disruption may have on them," Kainos added.
Kainos is expected to publish its half-year results for the six months to September 30 on November 16.
Shares in Kainos Group were down 0.2% in London on Thursday morning at 1,078.00 pence each.
By Paul McGowan; paulmcgowan@alliancenews.com
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Kainos Group (KNOS)
