Business
Kainos Group plc Interim results
Kainos Group plc Interim results.
About this update from Kainos Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 3431F\n Kainos Group plc\n 16 November 2020\n \n \n \n \n 16 November 2020\n \n Kainos Group plc\n \n (\n \"Kainos\" or the \"Group\")\n \n \n Interim results for the six months ended 30 September 2020\n \n \n Kainos Group plc (KNOS), a leading IT provider, operating across two specialist business areas, Digital Services and its Workday Practice, \n is pleased to announce its results for the six months ended 30 September 2020.\n \n \n \n Financial highlights \n \n \n \n \n \n \n \n \n \n H1 2021\n \n \n \n \n H1 2020\n \n \n \n \n Change\n \n \n \n \n \n \n Revenue\n \n \n \n \n £107.2m\n \n \n \n \n £86.9m\n \n \n \n \n +23%\n \n \n \n \n \n \n Profit before tax\n \n \n \n \n £24.0m\n \n \n \n \n £12.0m\n \n \n \n \n +100%\n \n \n \n \n \n \n Adjusted pre-tax profit1\n \n \n \n \n £26.1m\n \n \n \n \n £12.8m\n \n \n \n \n +104%\n \n \n \n \n \n \n Cash\n \n \n \n \n £62.5m\n \n \n \n \n £41.3m\n \n \n \n \n +51%\n \n \n \n \n \n \n Bookings\n \n \n \n \n £103.6m\n \n \n \n \n £99.5m\n \n \n \n \n +4%\n \n \n \n \n \n \n SaaS bookings\n \n \n \n \n £14.2m\n \n \n \n \n £16.4m\n \n \n \n \n -13%\n \n \n \n \n \n \n Backlog2\n \n \n \n \n £180.9m\n \n \n \n \n £131.0m\n \n \n \n \n +38%\n \n \n \n \n \n \n Adjusted diluted earnings per share1 (note 8)\n \n \n \n \n 17.0p\n \n \n \n \n 8.4p\n \n \n \n \n +102%\n \n \n \n \n \n \n Diluted earnings per share\n \n \n \n \n 15.7p\n \n \n \n \n 7.9p\n \n \n \n \n +99%\n \n \n \n \n \n \n Special dividend paid3\n \n \n \n \n 6.7p\n \n \n \n \n -\n \n \n \n \n 100%\n \n \n \n \n \n \n Interim dividend\n \n \n \n \n 6.4p\n \n \n \n \n 3.5p\n \n \n \n \n 83%\n \n \n \n \n \n \n \n \n Operational highlights\n \n · \n We have delivered a very strong performance during the Covid-19 pandemic.\n \n \n - \n Revenue growth of 23% (19% organic) to £107.2 million (H1 20: £86.9 million).\n \n \n - \n Adjusted pre-tax profit increased 104% to £26.1 million (H1 20: £12.8 million).\n \n \n · \n Contracted backlog continues to underpin further revenue growth.\n \n \n - \n Bookings up 4% to £103.6 million (H1 20: £99.5 million).\n \n \n - \n Contracted backlog growth of 38% to £180.9 million (H1 20: £131.0 million).\n \n \n · \n Revenue diversification continues across key segments.\n \n \n - \n International revenues up 54% to ...