Published on: July 14, 2016
FY16 update in line
K3 has published an in-line trading update for the year to 30 June 2016, with results “broadly in line with expectations”. Trading was strong in the latter part of the year, with performance sufficiently positive across the board to offset the negative impact of a “major” customer entering administration during June. We make no changes to forecasts, other than to reflect the recent acquisition of Merac.