Business
Preliminary Results
Preliminary Results.
About this update from Kainos Group Plc
[{"type":"text","content":"\n \nRNS Number : 2063A Kainos Group plc 28 May 2019 \n\n28 May 2019\n \nKainos Group plc\n\"Kainos\" or the \"Group\"\nPreliminary results for the year ended 31 March 2019\nKainos Group plc (KNOS), a leading UK-based provider of digital services and platforms, is pleased to announce its results for the year ended 31 March 2019.\nFinancial highlights\n\n\n\n\n \n\n\n2019\n\n\n2018\n\n\nChange\n\n\n\n\nRevenue\n\n\n£151.3m\n\n\n£96.7m\n\n\n56%\n\n\n\n\nAdjusted pre-tax profit1\n\n\n£23.3m\n\n\n£15.3m\n\n\n52%\n\n\n\n\nStatutory profit before tax \n\n\n£21.1m\n\n\n£14.3m\n\n\n48%\n\n\n\n\nCash\n\n\n£42.5m\n\n\n£29.0m\n\n\n47%\n\n\n\n\nSales orders\n\n\n£171.7m\n\n\n£130.7m\n\n\n31%\n\n\n\n\nSaaS sales orders\n\n\n£18.4m\n\n\n£13.3m\n\n\n38%\n\n\n\n\nBacklog2\n\n\n£122.2m\n\n\n£110.7m\n\n\n10%\n\n\n\n\nAdjusted diluted earnings per share1\n\n\n15.4p\n\n\n10.4p\n\n\n48%\n\n\n\n\nDiluted earnings per share \n\n\n13.9p\n\n\n9.6p\n\n\n45%\n\n\n\n\nProposed total dividend\n\n\n9.3p\n\n\n6.6p\n\n\n41%\n\n\n\n\nOperational highlights\n· A strong performance, representing the ninth consecutive year of growth in revenue and adjusted pre-tax profit, delivered organically.\n· Very strong sales execution continues to underpin further revenue growth.\n- Revenue growth of 56% to £151.3 million (2018: £96.7 million).\n- Adjusted pre-tax profit increased 52% to £23.3 million (2018: £15.3 million).\n- Sales orders up 31% to £171.7 million (2018: £130.7 million).\n- Contracted backlog growth of 10% to £122.2 million (2018: £110.7 million).\n· Revenue diversification continues, across a number of segments.\n- International revenues up 44% to £29.0 million (2018: £20.2 million).\n- Commercial revenues up 42% to £40.0 million (2018: £28.1 million).\n- Healthcare revenues up 42% to £21.4 million (2018: £15.0 million).\n- SaaS and software-related revenues up 6% to £16.9 million (2018: £15.9 million).\n· Very strong revenue growth in...