**Summary**
Kainos Group plc, a UK-based IT provider operating across Digital Services, Workday Services, and Workday Products divisions, released a trading statement on September 1, 2025. The company reported strong performance in the first half of its financial year (April 1, 2025, to date), building on its solid Q4 2025 results. Key highlights include
1. **Revenue Outlook**Revenues are expected to reach the upper end of consensus forecasts (£378.0m - £393.4m), driven by stronger sales and new project mobilizations across all divisions.
2. **Divisional Performance**
**Workday Products**Surpassed $100m in Annual Recurring Revenue (ARR) in July, with a new product, Pay Transparency, launching in Q3 to address EU regulations.
**Digital Services**Secured significant contracts in healthcare and public sectors (e.g., Home Office, NHS England), with strong growth in North America, though commercial sector activity remains muted.
**Workday Services**Returned to growth, driven by improved performance in Europe, North America, Australia, New Zealand, and Mexico.
3. **Operational Strategy**Recruiting additional staff and increasing short-term use of contractors to support growth and pipeline demands.
4. **Financial Expectations**Adjusted PBT is expected to align with consensus forecasts (£65.1m - £74.7m).
5. **Long-Term Outlook**Kainos remains confident in its strategy, leveraging long-term market drivers, including AI adoption, and supported by a robust backlog, healthy pipeline, and strong balance sheet.
The company will announce its H1 2025/26 results on November 10, 2025.
| Metric | Year Ending 31 March 2026 (Forecast) | Notes |
|---|---|---|
| Revenue | £385.0m (Consensus) | Upper end of range £378.0m - £393.4m |
| Adjusted PBT | £66.4m (Consensus) | Within range £65.1m - £74.7m |
| Workday Products ARR | Over $100m (as of July 2025) | Milestone achieved during the period |