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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Kainos Group PLC    KNOS   GB00BZ0D6727

KAINOS GROUP PLC

(KNOS)
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Kainos : announces new Belfast HQ as growth continues

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02/12/2019 | 04:25am EST

Kainos, a leading provider of digital services and platforms, has announced the purchase of a site for its new Belfast headquarters.

The site at Bankmore Square, is currently home of the Movie House Cinema and has planning
permission for a replacement 250,000 square foot Grade A office building, although Kainos will be submitting a revised planning application.

CEO of Kainos, Brendan Mooney said: 'Our people remain central to everything we do and we want to ensure that our staff work in the best environment possible, and Bankmore Square allows us the opportunity to create a superb, modern and innovative office for our people.

'As well as the additional capacity that the office will bring, this investment, and the location of our new HQ, signals our commitment to retaining and attracting the best staff. We remain focused on providing exceptional careers and working conditions for all at Kainos and hope to close this transaction
soon.'

Kainos, which currently employs more than 1,400 people across 12 offices in Europe, the US and Canada, is on course to achieve its ninth consecutive year of growth in revenue and staff numbers.

Kainos plans to move into Bankmore Square in Spring 2021.

To find out more about careers at Kainos or to apply visit kainos.com/careers.

Disclaimer

Kainos Group plc published this content on 12 February 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 February 2019 09:24:06 UTC

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Financials (GBP)
Sales 2019 150 M
EBIT 2019 22,2 M
Net income 2019 16,8 M
Finance 2019 35,0 M
Yield 2019 1,80%
P/E ratio 2019 33,43
P/E ratio 2020 29,87
EV / Sales 2019 3,39x
EV / Sales 2020 3,05x
Capitalization 542 M
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Technical analysis trends KAINOS GROUP PLC
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TrendsBullishNeutralBullish
Income Statement Evolution
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Mean consensus BUY
Number of Analysts 3
Average target price 5,23  GBP
Spread / Average Target 17%
EPS Revisions
Managers
NameTitle
Brendan Mooney Chief Executive Officer & Executive Director
John George Lillywhite Chairman
Richard Henry McCann COO, Chief Financial Officer & Executive Director
Tom Gray Chief Technology Officer
Paul Gannon Executive Director & SVP-Business Development
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