Kainos shares slide as NHS doubts weigh on growth

Kainos shares slide as NHS doubts weigh on growth

Slender budgets and sluggish procurement at NHS trusts weighed on Kainos (KNOS) in the first half. Sales at the software and IT consulting group rose by 9 per cent and adjusted pre-tax profits by just 3 per cent - both metrics had risen by more than a fifth in the previous comparable period. Unimpressed investors sent its shares down 7 per cent.

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