The Kainos Board has declared an interim dividend of 9.3 pence per share for H1 25 (H1 24: 8.2 pence). This will be paid on 13 December 2024 to shareholders on the register at the close of business on 22 November 2024, with an ex-dividend date of 21 November 2024.
Other financial highlights include:
Revenue decreased 5% (-5% organic, -5% ccy) to £183.1 million (H1 24: £193.2 million).
Adjusted pre-tax profit grew by 1% (2% ccy) to £38.2 million, which included a £1.2 million investment to support their extended strategic partnership with Workday. Adjusted profit margin has increased to 21% (H1 24: 20%).
Overall bookings were 11% lower at £179.5 million (H1 24: £201.9 million).
The contracted backlog at the period end increased 8% to £354.1 million (H1 24: £326.9 million).
Strong period-end cash of £151.6 million (H1 24: £113.0 million), with cash conversion at 75% (H1 24: 82%).
