Kainos Group plc (GB:KNOS) has released an update.
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Kainos Group plc anticipates a slight revenue shortfall for the fiscal year ending March 2025 due to macroeconomic challenges impacting its Digital and Workday Services divisions. However, the Workday Products division remains robust, supported by an expanded partnership and strong growth prospects. The company plans a share buyback, leveraging its strong balance sheet to bolster investor confidence.
For further insights into GB:KNOS stock, check out TipRanks’ Stock Analysis page.
