Some solid gains from the FTSE-250 listed IT provider Kainos this morning, with the company posting an interim trading update. This highlighted how strong momentum in the latter part of FY25 has been maintained, leading to revenue guidance for the current trading year to be pushed towards the upper end of the previously stated range. The company is ramping up staffing levels, adding that operating in a market with clear, long-term structural drivers is also helping with the outlook. The Kainos share price was up 14% in early trade.
The pizza delivery company impressed this morning, deeming its share price suitably low enough that a debt-funded buy-back of £20m worth of stock would yield benefits for investors. Judging by the market reaction, there’s consensus on this matter and the Domino’s share price is one of the best performers in the FTSE-250, up around 4% by 8.30am.
The company, known as a provider of tobacco alternatives, drinks and other wellness products to independent retailers, issued a note this morning advising that it had been appointed as the UK’s primary distribution partner for RELX, one of the world’s leading vape companies. Chill’s shares only returned from a lengthy suspension a matter of weeks ago but the deal is said to follow exceptional sales potential demonstrated in recent trials. Under the terms of this agreement, Chill Brands will build a dedicated sales team to distribute RELX's UK-compliant pod system, The Chill Brands share price was up 19% shortly after the open.
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