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QinetiQ maintains guidance

By BFN News | 09:00 AM | Thursday 08 February, 2018


QinetiQ said underlying trading for the group was as expected during the third quarter and it maintains its expectations for the full year. In EMEA Services, trading for the period was in line with expectations. The company is bidding for a number of new opportunities with the UK Government that will enable enhanced capability while also driving cost efficiencies. Although the UK environment continues to be challenging, QinetiQ said it creates opportunities and it is well placed to support customers to achieve their objectives. Internationally, QinetiQ continued to make good progress, particularly in Australia with positive organic growth and in the Middle East where it has seen strong demand for advisory services. Trading in Global Products for the period was in line with expectations with good order performance in North America. At 9:00am: (LON:QQ.) QinetiQ Group PLC share price was -0.17p at 200.03p Story provided by StockMarketWire.com

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