UPDATE 1-Man. Consulting trading slow, sees profit in line

* Says summer trading slow

* see year revenue 280-290 mln stg

* Job cuts to help op profit meet 28-30 mln stg forecast

LONDON, Nov 10 (Reuters) - British support services firm Management Consulting Group (NZX.L) said trading in the summer had been slower than expected, but cost cuts meant it could still meet analysts' consensus for underlying operating profit.

The company, which consists of three consultancies serving both the private and public sectors, said it had reduced staff and cut bonuses, and therefore would report underlying operating profit of 28-30 million pounds ($47-50 million) for the year to end-December.

"We have taken strong and concerted action to manage the business and control costs, giving us confidence that consensus profit figures can be achieved despite the current adverse environment," Executive Chairman Alan Barber said in a statement.

The firm said the slow trading had hit all three of its divisions, and 2009 revenue for the group was now expected to be in the range 280-290 million pounds. Its 2008 revenue was 343 million pounds.

Management Consulting has reduced staff numbers by about 650 from a peak of 2,350 in June 2008, and it said the redundancies would cost the group 9-10 million pounds as a one-off charge.