Results Centre

 

QinetiQ, announces its Preliminary results for the full year ended 31 March 2018 which saw:

  • Delivered second year of organic growth

  • Revenue up 6%, 3% on an organic basis
  • Underlying operating profit up 5%, assisted by £8.7m non-recurring trading items (2017: £7.4m), broadly flat on an organic basis
  • Solid orders performance, excluding multi-year orders in FY17
  • 103% underlying cash conversion pre-capex
  • Underlying EPS up 7%; 5% increase in full year dividend
  • Driving growth through strategy implementation
    • Selected to be Engineering Delivery Partner for UK Ministry of Defence (MOD)
    • Down-selected on first phase of robotics program of record for US Department of Defense (DoD)
    • Grown international share of revenue from 21% to 27% in 2 years
    • Announced acquisition of E.I.S. Aircraft Operations, a German airborne training business
  • Priorities for FY19 
    • Conclude repricing of the Long Term Partnering Agreement (LTPA) with UK MOD
    • Win further campaigns and build on successful down-selects 
    • Accelerate international growth in selected countries
    • Continue investment driving sustainable growth

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Annual Report 2018

Annual Report 2017

Annual Report 2016

Annual Report 2015

Annual Report 2014

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