K3 has achieved a return to profitability – delivering an adjusted operating profit of some £4.6m – and marking a material turnaround from the difficulties of a couple of years ago. The group continues its march to higher levels of own-intellectual property sales, and towards a greater level of recurring income. We make no material changes to FY19E estimates, and introduce FY20 forecasts for the first time.
19 Mar 2019
Strong FY18 delivery – well poised for FY19
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Strong FY18 delivery – well poised for FY19
K3 Business Technology Group PLC (KBT:LON) | 108 0 0.0% | Mkt Cap: 48.3m
- Published:
19 Mar 2019 -
Author:
Ian Poulter -
Pages:
7
K3 has achieved a return to profitability – delivering an adjusted operating profit of some £4.6m – and marking a material turnaround from the difficulties of a couple of years ago. The group continues its march to higher levels of own-intellectual property sales, and towards a greater level of recurring income. We make no material changes to FY19E estimates, and introduce FY20 forecasts for the first time.