Edition:
United Kingdom

Qinetiq Group PLC (QQ.L)

QQ.L on London Stock Exchange

273.20GBp
16 Nov 2018
Change (% chg)

2.40 (+0.89%)
Prev Close
270.80
Open
276.30
Day's High
280.30
Day's Low
273.20
Volume
2,090,420
Avg. Vol
1,164,540
52-wk High
299.07
52-wk Low
190.30

Latest Key Developments (Source: Significant Developments)

Qinetiq maintains expectations for FY 2019 performance
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - Qinetiq Group PLC ::H1 UNDERLYING OPERATING PROFIT 51.1 MILLION STG VERSUS 57.5 MILLION STG YEAR AGO.H1 REVENUE ROSE 8 PERCENT TO 420.3 MILLION STG.H1 OPERATING PROFIT £47.3M.H1 PROFIT AFTER TAX £50.1M VERSUS 64.1 MILLION STG IN YEAR EARLIER PERIOD.DELIVERED ORGANIC GROWTH IN ORDERS AND REVENUE, OPERATING PROFIT IN LINE WITH EXPECTATIONS.9% ORGANIC INCREASE IN ORDERS.90% OF FY19 REVENUE UNDER CONTRACT, MAINTAINING EXPECTATIONS FOR GROUP PERFORMANCE.  Full Article

Qinetiq Group Wins Contract To Develop Software Defined Multifunction Lidar
Monday, 12 Nov 2018 

Nov 12 (Reuters) - Qinetiq Group PLC ::QINETIQ TEAM WINS CONTRACT TO DEVELOP SOFTWARE DEFINED MULTIFUNCTION LIDAR AFTER SUCCESS IN UK DSC INNOVATION COMPETITION.WON CONTRACT TO DEVELOP ITS SOFTWARE DEFINED MULTIFUNCTION LIDAR TECHNOLOGY FROM A BENCH-TOP DEMONSTRATOR THROUGH TO A FLIGHT READY PAYLOAD.MULTI-MILLION POUND CONTRACT WHICH WILL BE MATCH-FUNDED BY QINETIQ LED TEAM HAS BEEN AWARDED BY UK DEFENCE SOLUTIONS CENTRE.  Full Article

Qinetiq Says Co Agreed To Acquire 85 Pct Of Shares Of Inzpire
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Qinetiq Group PLC ::STRATEGIC INVESTMENT IN INZPIRE.HAS AGREED TO ACQUIRE 85 PCT OF SHARES OF INZPIRE GROUP LIMITED.TOTAL DEAL CONSIDERATION OF £23.5 MILLION.AGREEMENT TO ACQUIRE REMAINING 15 PCT AFTER TWO YEARS.  Full Article

Qinetiq Says Co Wins Two Contracts By U.S. Office Of Naval Research
Thursday, 4 Oct 2018 

Oct 4 (Reuters) - Qinetiq Group PLC ::AWARDED TWO CONTRACTS BY US OFFICE OF NAVAL RESEARCH.  Full Article

Qinetiq To Acquire E.I.S. Aircraft Operations
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Qinetiq Group PLC ::QINETIQ - ENTERED INTO AN AGREEMENT TO ACQUIRE E.I.S. AIRCRAFT OPERATIONS CURRENTLY PART OF E.I.S. AIRCRAFT GROUP.QINETIQ GROUP PLC - DEAL FOR EUR 70 MILLION ON A CASH-FREE, DEBT-FREE BASIS.  Full Article

Qinetiq says 89 pct of FY 18 revenues under contract​
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Qinetiq Group Plc :H1 underlying operating profit rose 11 percent to 57.5 million stg.H1 revenue 392.5 million stg versus 361.8 million stg year ago.Interim dividend 2.1 pence per share.‍89% of FY 18 revenues under contract​.‍Overall we are maintaining expectations for group performance in FY 18​.‍Order intake broadly in line with prior period which included £109m 11-year, NCSISS contract​.  Full Article

Qinetiq posts FY underlying operating profit 116.3 million pounds
Thursday, 25 May 2017 

May 25 (Reuters) - Qinetiq Group Plc :Fy revenue rose 4 percent to 783.1 million stg.Fy underlying operating profit 116.3 million stg versus 108.9 million stg year ago.Final dividend 4 penceper share.Total dividend 6 penceper share.High quality growth in total backlog from £1.3bn to £2.2bn.4% year-on-year revenue growth; 1% increase on an organic basis * at constant currency.Solid operating profit enhanced by £7.4m of non-recurring trading items.5% increase in dividend; £50m share buyback completed.Looking forward to future with confidence and are maintaining expectations for group performance in fy18.  Full Article

Qinetiq Group says Q3 underlying trading in-line
Wednesday, 15 Feb 2017 

Qinetiq Group Plc : Underlying trading for group was as expected during Q3 . Overall, board's expectations for group performance in current financial year remain unchanged . In EMEA services, revenue under contract for this financial year is similar to same time last year .Division's performance as a whole is expected to remain steady this year.  Full Article

Ex-divs to take 2.7 points off FTSE 100 on Aug 2

LONDON, July 30 The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-makers would take 2.74 points off the index. COMPANY (RIC) DIVIDEND STOCK OPTION IMPACT (pence) Micro Focus 43.86