Technology
K3 Business Technology Group plc
Analysts
Company Description
K3 is a leading global supplier of integrated business systems to retailers, manufacturers and distributors. It is a leading supplier of Microsoft's business solutions. K3 develops its own tailored software for companies within the food, retail and manufacturing industries.
Investment Summary
K3 experienced management change in 2016; the new team implemented a number of changes to strategic focus and style of delivery, aimed at better capitalising on the growing retail software opportunity. Recent results reflected that period of material change within the group as it looks to build a sustainable and balanced platform for own-IP software sales growth. We believe the heavy lifting has now largely been done, and the foundations are now in place for the next phase of delivery.
Recent Content
Platform for growth in place
30/03/2021
K3’s results for the year to the end of November 2020 reflect a period in which its retail […]
Disposal underlines focus on core growth
26/02/2021
As K3 continues to hone its focus on higher margin core businesses, it has announced the sale of […]
Still showing resilience
02/11/2020
Trading so far in the second half of K3’s financial year to 30 November 2020 has continued to […]
Resilience evident
04/08/2020
K3’s recent (delayed) announcement for the last financial year contained commentary about the Group’s performance in the current […]
Action taken leaves K3 better positioned
27/07/2020
K3’s delayed full year results for the 12 months to the end of November 2019 are broadly in […]
Focus on core profitability in uncertain times
24/03/2020
K3’s trading update is in lieu of its now-delayed results announcement (originally scheduled for this week). While it […]
Market headwinds conspire to impact FY19
22/10/2019
K3 has updated the market this morning, detailing a number of negatives impacting on current performance which combine […]
Focus on own IP remains key
09/07/2019
K3’s interim results confirm that the Group continues to progress well with its transformation strategy. As flagged, the […]
Further progress in the first half
18/06/2019
K3 has delivered a trading update ahead of its 9 July interims. The Group continues to progress well […]
Strong FY18 delivery – well poised for FY19
19/03/2019
K3 has achieved a return to profitability – delivering an adjusted operating profit of some £4.6m – and […]
Positive H2 trading update
17/12/2018
K3’s trading update for the financial year to the end of November 2018 retains the positive tone which […]