IN BRIEF: Kainos expects annual revenue in line with market forecasts

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Kainos Group PLC - Belfast-based software company - Tips revenue and adjusted profit to be in line with consensus forecasts for year ended March 31.

‘Our performance has been underpinned by our long-term customer relationships,’ the company explains. The firm says its pipeline, balance sheet and contracted backlog are strong. It sees itself well-positioned for further growth, it adds.

Kainos will release annual results on May 23.

Current stock price: 1,228.70 pence, down 3.0% on Tuesday

12-month change: down 25%

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