UK's Kainos Group poised for best day since Nov 2022 on positive FY results
20/05/2024 08:34
** Shares of Britain's Kainos Group KNOS.L advance 9.4% to
1,162 pence; poised for their best day since Nov. 10, 2022, if
current trend holds
** Co emerges as top gainer on FTSE Mid 250 Index .FTMC
** The digital services firm posts a 19% jump in FY
statutory profit before tax of 64.8 million pounds ($82.28
million) and proposes a final dividend of 19.1p
** Co reports 2% rise in FY revenue to 382.4 million pounds
** Adds it is maintaining a positive outlook as key business
segments are positioned for further growth in near and
medium-term
** Up to last close, stock had fallen about 5%
($1 = 0.7876 pounds)
(Reporting by Archishma Iyer)
((Archishma.Iyer@thomsonreuters.com;))