Edition:
India

Qinetiq Group PLC (QQ.L)

QQ.L on London Stock Exchange

297.20GBp
3 Jul 2020
Change (% chg)

-0.60 (-0.20%)
Prev Close
297.80
Open
300.60
Day's High
304.20
Day's Low
293.60
Volume
550,436
Avg. Vol
1,084,654
52-wk High
394.40
52-wk Low
232.80

Latest Key Developments (Source: Significant Developments)

Qinetiq Group Says Disposal Of Boldon James To Helpsystems
Thursday, 25 Jun 2020 

June 25 (Reuters) - Qinetiq Group PLC ::QINETIQ GROUP PLC - DISPOSAL OF BOLDON JAMES TO HELPSYSTEMS.QINETIQ GROUP PLC - DEAL FOR £30M.  Full Article

Qinetiq Group Maintains Expectations For FY Operating Profit With High Single Digit Revenue Growth
Tuesday, 4 Feb 2020 

Feb 4 (Reuters) - Qinetiq Group PLC ::THIRD QUARTER TRADING UPDATE.AND ANNOUNCES ACQUISITION OF NEWMAN & SPURR CONSULTANCY LIMITED.MAINTAIN OUR EXPECTATIONS FOR FULL YEAR OPERATING PROFIT WITH HIGH SINGLE DIGIT REVENUE GROWTH.ACQUIRED NEWMAN & SPURR CONSULTANCY LIMITED (NSC) ON A CASH-FREE, DEBT-FREE BASIS FOR £14M.  Full Article

QinetiQ Group Plc Says Unit Secures New ESA Contract As New Facility Goes Live
Thursday, 21 Nov 2019 

Nov 21 (Reuters) - Qinetiq Group PLC ::QINETIQ GROUP PLC - QINETIQ'S SPACE BUSINESS SECURES NEW ESA CONTRACT AS NEW FACILITY GOES LIVE.QINETIQ GROUP PLC - QINETIQ'S SPACE BUSINESS SECURED EUR 9M CONTRACT WITH ESA.  Full Article

QinetiQ Group Says HY Statutory Revenue Of £486.5 Mln Vs. £420.3 Mln
Thursday, 14 Nov 2019 

Nov 14 (Reuters) - Qinetiq Group PLC ::QINETIQ GROUP PLC - HY STATUTORY REVENUE OF £486.5M VERSUS. £420.3M.QINETIQ GROUP PLC - HY STATUTORY OPERATING PROFIT £68.5M VERSUS. £47.8M.QINETIQ GROUP PLC - HY STATUTORY PROFIT AFTER TAX £62.2M VERSUS. £50.1M.QINETIQ GROUP PLC SAYS INTERIM DIVIDEND PER SHARE OF 2.2P.QINETIQ GROUP PLC SAYS IN HY, 38% INCREASE IN ORDERS, 30% ON AN ORGANIC BASIS, DRIVEN BY GROWTH ACROSS GROUP.QINETIQ GROUP PLC - HY UNDERLYING OPERATING PROFIT UP 16% INCLUDING £1.6M NON-RECURRING TRADING ITEMS.QINETIQ GROUP PLC SAYS MAINTAINING EXPECTATIONS FOR GROUP OPERATING PROFIT IN FY20.  Full Article

Qinetiq To Acquire Manufacturing Techniques For $105 Mln
Wednesday, 2 Oct 2019 

Oct 2 (Reuters) - Qinetiq Group PLC ::QINETIQ GROUP PLC - QINETIQ ACQUISITION OF MTEQ.QINETIQ GROUP PLC - PROPOSED DEAL FOR $105 MILLION TO BE PAID IN CASH.QINETIQ GROUP PLC - ENTERED INTO AN AGREEMENT TO ACQUIRE MANUFACTURING TECHNIQUES INC ON A CASH-FREE, DEBT-FREE BASIS.QINETIQ GROUP PLC - PROPOSED DEAL WILL ENHANCE QINETIQ'S EARNINGS PER SHARE IN FIRST FULL FINANCIAL YEAR.QINETIQ GROUP - DEAL FUNDED FROM QINETIQ'S AVAILABLE CASH RESOURCES WITH BALANCE SHEET EXPECTED TO REMAIN IN A NET CASH POSITION POST COMPLETION.QINETIQ - DEAL INCLUDES EARN-OUT OF UP TO $20 MILLION PAYABLE IN CASH AND SHARES DEPENDENT ON DELIVERING STRETCHING FINANCIAL TARGETS OVER THREE YEARS.  Full Article

Qinetiq Secures £67 Mln Contract To Develop Secure Satellite Navigation Receivers
Tuesday, 10 Sep 2019 

Sept 10 (Reuters) - Qinetiq Group PLC ::QINETIQ SECURES £67M CONTRACT TO DEVELOP SECURE SATELLITE NAVIGATION RECEIVERS.QINETIQ GROUP - DELIVERY DATE FOR FIRST R-GNS PRODUCTS IS FEBRUARY 2022.  Full Article

Qinetiq Maintains Expectations For Group Performance In FY 2020
Thursday, 23 May 2019 

May 23 (Reuters) - Qinetiq Group PLC ::QINETIQ PRELIMINARY RESULTS.FY 2019 REVENUE UP 9%, 8% ON AN ORGANIC BASIS.FY UNDERLYING OPERATING PROFIT UP 1% INCLUDING ABOUT £7 MILLION NON-RECURRING TRADING ITEMS.FY UNDERLYING EPS UP 2%; 5% INCREASE IN FULL YEAR DIVIDEND.MAINTAINING EXPECTATIONS FOR GROUP PERFORMANCE IN FY 2020.  Full Article

Qinetiq Group Announces Update On LTPA Amendment
Thursday, 28 Mar 2019 

March 28 (Reuters) - Qinetiq Group PLC ::CO, MOD MADE GOOD PROGRESS DURING TALKS ON LTPA CONTRACT AMENDMENT AND ALL CONTRACT TERMS AGREED.PROPOSED CONTRACT AMENDMENT NOW IN FINAL STAGES OF NEGOTIATION WITH MOD.CO, MOD AIMING TO SIGN CONTRACT AMENDMENT SHORTLY, ONCE FINAL NEGOTIATIONS COMPLETED.LTPA RELATED WORK CONTINUES AS NORMAL UNDER EXISTING TERMS OF CONTRACT.  Full Article

Qinetiq Group Chairman Mark Elliott To Retire In July
Thursday, 21 Mar 2019 

March 21 (Reuters) - Qinetiq Group PLC ::MARK ELLIOTT TO RETIRE AS CHAIRMAN IN JULY 2019.NEIL JOHNSON APPOINTED TO SUCCEED ELLIOTT.  Full Article

QinetiQ postpones decision on dividend until later in year

LONDON, April 1 British defence company Qinetiq Group said it would postpone a decision on whether to propose paying a full-year dividend until later in 2020, citing uncertainty caused by the coronavirus pandemic.