UK's Kainos Group jumps on positive FY26 outlook

Kainos

01/09/2025 08:30

** UK's Kainos Group KNOS.L jumps 14% to 808p; stock top gainer on the FTSE mid 250 index .FTMC

** IT software developer expects revenues for FY26 at upper end of company compiled forecasts of £378 million to £393.4 million ($510.64 million to $531.44 million)

** Adjusted PBT for the same period expected to be in line with forecasts of £65.1 million to £74.7 million

** Including session's gains, KNOS down ~1% YTD

($1 = 0.7402 pounds)

 (Reporting by Atharva Singh in Bengaluru)

 ((Atharva.singh@thomsonreuters.com))