Kainos – trading “comfortably ahead of current market expectations”, but what’s now in the valuation?

Describing itself as “a UK-headquartered IT provider with expertise across three divisions, Digital Services, Workday Services, and Workday Products”, Kainos Group (KNOS) has issued a trading update including noting “strong momentum… now anticipates delivering revenue and adjusted PBT for the year ending 31 March 2027 comfortably ahead of current market expectations”. What about that in the context of a now up to 1186p share price?

Kainos (#KNOS) – trading “strong momentum”, now anticipates FY “comfortably ahead of current market expectations”

Kainos (#KNOS) – FY adj. EPS +8% to 41.6p, DPS +4% to 29.6p, notes “healthy pipeline, a significant contracted backlog”

Kainos (#KNOS) – FY “revenue ahead of consensus and adjusted PBT in line with forecasts”, margin improvement anticipated this year H2 as use of contractors reduces

Kainos – interims emphasise “Strong sales performance across the group underpins positive outlook”, but what does it ‘underpin’ for the bottom-line?…

Digital services, Workday ‘services’ and Workday ‘products’ group Kainos (KNOS) has announced results for its half-year ended 30th September 2025 headlined “Strong sales performance across the group underpins positive outlook”. Er, what does that sales performance ‘underpin’ for the current bottom-line then?

Kainos (#KNOS) – H1 adj. EPS down to 19.3p, DPS up to 9.8p, states “maintaining a prudent outlook for profitability… in line with current consensus forecasts”

Kainos – now expects revenue “at the upper end of consensus forecasts”, but what about the bottom-line?…

‘Digital services’, Workday services and Workday products IT group Kainos (KNOS) has issued a trading statement including that it “now expects revenues for the year ending 31 March 2026 at the upper end of consensus forecasts… creating opportunities for further operating progress during the rest of the financial year”. What about that comparing to a currently more than 20% higher share price response to above 850p?

Kainos (#KNOS) – expects FY revenue “at the upper end of consensus forecasts… creating opportunities for further operating progress”

Kainos – “pleased to announce” full-year results. Er, why a more than 7% further lower share price response then?…

‘Digital Services, Workday Services and Workday Products’ group Kainos (KNOS) states that it “is pleased to announce its results for the year ended 31 March 2025”. So why’s there currently a more than 7% lower share price response to 755p?

Kainos (#KNOS) – FY adj. EPS down to 38.3p, DPS up to 28.4p, outlook “cautious… given continued volatility in the global macroeconomic environment”

Kainos (#KNOS) – expects year ended 31st March 2025 “in line with consensus forecasts”, “continue to be supported by a robust backlog and pipeline”

Kainos (#KNOS) – H1 adj. EPS edged up to 22.5p, DPS up to 9.3p, notes “poor macro-economic conditions and delayed UK Government decision-making”

Kainos – less than two months after “expects to deliver adjusted PBT in line”, now “expects… below current market consensus”. Hopefully my warning was heeded…

Last month on digital services, Workday Inc services and Workday products IT provider Kainos Group (KNOS), with the shares around 950p and it stating that for the full-year it still “expects to deliver adjusted PBT in line with current market consensus forecasts”, I concluded it would struggle in relation to forecasts considering they were with stated expected trading improvement despite clear headwinds and, ahead of half-year detail making clearer that second half improvement needed, avoid/sell. The shares most recently closed at 855p and today a “Trading Update”, and what of the shares currently down to below 770p?

Kainos (#KNOS) – now expects FY revenue “moderately below current market consensus with the majority of the reduction flowing through to adjusted PBT”

Kainos – “in line with current market consensus forecasts”. Or is it?…

Digital services, Workday, Inc services and Workday products IT provider Kainos Group (KNOS) has issued a “Trading Statement” announcement including “for the year ending 31 March 2025, the board expects to deliver adjusted PBT in line with current market consensus forecasts” and that its “Workday Products division continues to deliver very strong growth”. What about the other two divisions though?

Kainos (#KNOS) – notes “tougher trading environment in services”

Kainos (#KNOS) – “good” H1 trading, expects FY “in line with current consensus forecasts”

Kainos (#KNOS) – states “very strong” trading and confident in outlook

Kainos (#KNOS) – expects FY at “upper end” of consensus forecasts, remains confident

Kainos (#KNOS) – argues “very strong trading performance… driven by the structural shift of digital adoption”