We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| K3 Business Technology Group Plc | LSE:KBT | London | Ordinary Share | GB00B00P6061 | ORD 25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1.00 | 0.98% | 103.50 | 102.00 | 105.00 | 103.50 | 102.50 | 102.50 | 2,000 | 10:33:15 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Fabricated Rubber Pds, Nec | 47.48M | -3.98M | -0.0902 | -11.47 | 45.63M |
From Apr 2019 to Apr 2024
TIDMKBT
RNS Number : 2008F
K3 Business Technology Group PLC
16 May 2017
16 May 2017
AIM: KBT
The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014
K3 Business Technology Group plc
("K3", "the Company" or "Group")
Trading update
K3, which provides mission critical software, cloud solutions and managed services to the retail, manufacturing and distribution sectors, provides the following update on current trading.
As previously reported, half year results were impacted by Enterprise contract slippages and, although the Company has seen some major deals close, certain large Enterprise contracts have not been secured as expected. As a result, despite the high seasonality inherent in Q4 trading, the Board now believes that the results for the year to 30 June 2017 will be significantly below current market expectations. Nonetheless, the Group's operations elsewhere are seeing encouraging progress and healthy cashflows. Furthermore, the Company has secured pilot customers for its new cloud-based modular technologies which will generate opportunities for both new and existing customers.
Given trading conditions and the Group's performance to date, the Board has started a review of the Company's resources with the intention of refocusing the growth strategy around the cash generating business units and the large installed customer base. A further update on this will be provided in due course.
Enquiries:
Hot Features
Premium
K3 Business Technology Adalsteinn Valdimarsson, T: 0161 876 4498
Group plc CEO
Rob Price, CFO
finnCap Limited Julian Blunt/James T: 020 7220 0500
(NOMAD & Broker) Thompson
KTZ Communications Katie Tzouliadis/Emma T: 020 3178 6378
Pearson
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTSFDESIFWSEEI
(END) Dow Jones Newswires
May 16, 2017 02:01 ET (06:01 GMT)
1 Year K3 Business Technology Chart |
1 Month K3 Business Technology Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
