Kewill – a miss is a miss

As of a couple of months ago, supply chain and e-commerce software player Kewill reckoned it was on track to make the numbers despite needing a few deals to close by its 31st March year end (see Kewill update indicates work to do). Well, they didn’t. So despite all the mitigations as to the whys and the wherefores, and of course the perennial “look(ing) to the future with confidence”, it’s a 'miss'. Kewill will now report “similar levels” of revenue and operating profit to FY11 when it publishes the numbers in June. Kewill’s shares are down 7% on the news.