Prior to entering its closed period, QinetiQ Group plc (‘QinetiQ’) today issues an update on its Interim Management Statement dated 2 August 2011.
Whilst conditions in its principal markets remain challenging, the Group’s performance for the first six months of the year has been good and better than originally expected. However, this improvement has been driven by US military product sales in the Global Products business, where orders have been weighted to the first half and in particular the second quarter, and by the Group-wide self-help programme.
QinetiQ’s interim results for the six months ending 30 September 2011 will be announced on 23 November 2011.
A FTSE250 company, QinetiQ uses its domain knowledge to provide technical advice to customers in the global aerospace, defence and security markets. QinetiQ’s unique position enables it to be a trusted partner to government organisations, predominantly in the UK and the US, including defence departments, intelligence services and security agencies. www.QinetiQ.com
For further information please contact:
Liz Morley, Maitland +44 (0) 7798 683108
Brian Hudspith, Maitland +44 (0) 7771 825606
QinetiQ press office +44 (0) 1252 393500
David Bishop, QinetiQ +44 (0) 7920 108675