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By Jess Jones London-listed software provider Kainos has downgraded its revenue forecast for 2025 after a subdued start to the year and more aggressive pricing among its partners. Management said it expected adjusted pre-tax profit to perform in line with the current analyst consensus of £79.1m for the year ending 31 March 2025. Due to a “tougher trading environment in services” this year, however, the IT firm is likely only to report a small rise in overall revenue next year, which will drop below the current market consensus forecast of £415.5m. Kainos has forecast its revenue range between …

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