K3 Business Tech appoints Adalsteinn Valdimarsson CEO
23rd Sep 2016 07:58
(ShareCast News) - AIM-listed K3 Business Technology, which provides cloud solutions to the retail, manufacturing and distribution sectors, appointed Adalsteinn Valdimarsson as chief executive from 1 October, amid a wider reshuffling of its top ranks. Current chief executive David Bolton will take u
Read moreK3 Business Technology buys Merac for £1.27m
4th Jul 2016 11:57
(ShareCast News) - K3 Business Technology, a software provider to the retail, manufacturing and distribution sectors, has bought Merac for £1.27m, to enhance its presence in the leisure and visitor attractions sector. The initial consideration for Merac, an author of electronic point-of-sale and man
Read moreK3 Business Technology Group wins second major German contract
3rd Nov 2015 10:02
(ShareCast News) - K3 Business Technology Group has won a major contract with one of Germany's largest online fashion retailers. The AIM-listed software and hosting provider announced a deal with K-Mail Order for its "axlis fashion" solution. It will help the retailer to strengthen its product deve
Read moreMorrison boss puts money where his mouth is
18th Sep 2015 14:57
(ShareCast News) - After a turbulent couple of weeks for Morrison, David Potts is putting his money where his mouth is. The chief executive has purchased £0.5m worth of shares in the supermarket - a total of 314,881 shares. It comes after a few grim announcements, including a 35% drop in first-half
Read moreK3 Business Technology posts jump in profit, announces contract win
15th Sep 2015 09:49
(ShareCast News) - K3 Business Technology posted a 9% rise in pre-tax profit for the year to the end of June and announced a major contract win with a European mail order fashion retailer. The company, which provides and supports software, hosting and managed services to the retail, manufacturing an
Read moreK3 Business acquires Willow Starcom from Access Intelligence
21st Apr 2015 15:53
Business systems supplier K3 Business Technology Group has acquired IT support services company Willow Starcom from Access Intelligence PLC for £1.8m in a cash deal. The London-listed group said the deal will bolster its earnings in the company's first full year of owning Greater Manchester-based Wi
Read moreK3 Business Technology H1 profits helped by new product launch
17th Mar 2014 07:58
K3 Business Technology, the AIM-listed business software firm, hailed a 'significant turnaround in performance' in the first half, as results were helped by the first sales of its new Microsoft Dynamics AX solution and an improvement in retail sentiment. Adjusted pre-tax profits totalled £3.16m in
Read moreK3 CEO hands the baton to CFO
27th Jan 2014 14:54
K3 Bussiness Technology, the enterprise resource and planning (ERP) software company, announced Chief Executive Officer (CEO) Andy Makeham is to step down from the board with immediate effect. Makeham, who has been CEO of the company for 14 years, is stepping down 'to pursue new interests'. The r
Read moreK3 warns pre-tax profits will be below market forecasts
18th Jan 2013 10:49
AIM-listed software firm K3 Business Technology Group expects to generate pre-tax profits below current market forecasts, according to trading update for the financial year ending June 30th 2013. In a statement issued Friday morning, the company, which provides Enterprise Resource Planning software
Read moreBarclays Chairman boosts stake after results fail to impress
1st Nov 2012 16:01
Sir David Walker, the newly-installed Chairman of Barclays, has swelled his stake in the company with the addition of 50,000 shares just one day after the company delivered a rise in adjusted third-quarter pre-tax profit. Walker added 50,000 shares at 230.19p each, taking his share in the company
Read moreK3 Business Technology pulls out of formal sale process
18th Sep 2012 09:29
Software firm K3 Business Technology Group has terminated its previously announced formal sale process with immediate effect, after deciding that the proposals it had received are not at 'a level that would be acceptable to shareholders and are therefore not recommendable by the board'. The news ca
Read moreSmall caps round-up: K3, Densitron, Innovation...
1st Mar 2012 10:30
Software firm K3 Business Technology Group has received a number of indicative proposals at levels materially higher than the current share price, which it will explore these under a formal sale process and is now consequently in an offer period. Shares in the firm leapt 21.75 percent to 187.50p.
Read moreK3 buys retail software firm for £1.3m
20th Dec 2011 08:21
AIM-listed software firm K3 Business Tech has acquired Retail Systems Group (RSG) for £1.28m, a provider of Microsoft Dynamics 'Retail Management System' to retailers in the UK and Ireland. K3 said that this deal gives it access to the "significant market for smaller retailers." RSG has around 200
Read moreK3 enjoys repeat custom
7th Mar 2011 15:44
Recurring revenue was the recurring theme for enterprise resource software firm K3 Business Technology as it unveiled its interim results. Revenue in the six months to 31 December was up 5% at £24.67m from £23.52m in the second half of 2009, though this included a contribution of £1.22m from two ac
Read moreStrong first half for K3
25th Jan 2011 13:06
Enterprise resource software K3 Business Technology says that its underlying operating profit will be much higher in the six months to December 2010. Edison Investment Research estimates that continuing interim revenues will be flat but there will be some growth in profit. The rest of the profit i
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