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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  K3 Business Technology Group plc    KBT   GB00B00P6061

K3 BUSINESS TECHNOLOGY GROUP PLC

(KBT)
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K3 Business Technology : Technologies Group PLC announces Strategic Partnership with Sigma Enterprise Applications Ltd

08/06/2020 | 10:44am EST

K3 Business Technologies Group PLC have formally entered into a strategic partnership agreement with Sigma Enterprise Applications Ltd, the global Microsoft Dynamics 365 advisory, consulting, implementation, and support experts.
This partnership is the first of its kind giving Sigma the ability to resell all K3 products and services. It positions Sigma as one of K3's most significant partners and the partnership itself will provide immeasurable value to retail and fashion organisations wanting to be best in class.
In addition to consulting services the agreement also includes a partnership for K3's core products and services in retail and fashion which include: K3|fashion, K3|DataSwitch,
K3¦Imagine and K3|Hosting Services. These offerings add to Sigma's comprehensive catalogue of technical expertise and IP solutions and materially expands its dedicated retail market offering.

Colin Crow, Managing Director for Sigma Dynamics in the UK commented, 'We are delighted to have concluded this partnership with K3. Together with our existing IP solutions, the K3 catalogue of IP products and technical expertise for retail clients will bring significant benefits to clients looking to modernise critical IT business solutions - especially in these difficult times.'

Tony Bryant, Global Business Development Director for K3 added, 'We are delighted to be working with Sigma who are recognised as one of the leading global experts across the Dynamics 365 technologies in the Retail and Fashion industries. We are already mutually engaging on relevant opportunities and we're excited to be working closely with them to expand the availability of unique K3 IP solutions to accelerate the adoption of modern ERP applications and platforms across our target retail markets'.

Disclaimer

K3 Business Technology Group plc published this content on 06 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 August 2020 14:43:03 UTC


© Publicnow 2020
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Financials
Sales 2019 78,4 M 108 M 108 M
Net income 2019 -15,4 M -21,2 M -21,2 M
Net Debt 2019 6,34 M 8,70 M 8,70 M
P/E ratio 2019 -4,30x
Yield 2019 -
Capitalization 51,0 M 69,6 M 70,0 M
EV / Sales 2018 1,23x
EV / Sales 2019 0,93x
Nbr of Employees -
Free-Float 64,8%
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Mean consensus -
Number of Analysts 2
Average target price
Last Close Price 1,19 
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Managers and Directors
NameTitle
Adalsteinn Valdimarsson Chief Executive Officer & Executive Director
Tom Crawford Non-Executive Chairman
Robert David Price Chief Financial Officer & Executive Director
Per Johan Claesson Non-Executive Director
Jonathan Paul Manley Non-Executive Director
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