QinetiQ’s pre-close statement highlighted that the company is on course to achieve full year expectations. In addition to contract wins, the statement also highlighted the key outcomes from the Single Source Regulations Office (SSRO) baseline profit rate review. While this provides a level of certainty in the short term, further development of the rate for outer years is yet to be finalised consistent with management’s guidance for a moderation of margins in EMEA Services, as mode
18 Apr 2016
Competitive evolution continues
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Competitive evolution continues
QinetiQ Group plc (QQ:LON) | 336 1.3 0.1% | Mkt Cap: 1,927m
- Published:
18 Apr 2016 -
Author:
Roger Johnston -
Pages:
7
QinetiQ’s pre-close statement highlighted that the company is on course to achieve full year expectations. In addition to contract wins, the statement also highlighted the key outcomes from the Single Source Regulations Office (SSRO) baseline profit rate review. While this provides a level of certainty in the short term, further development of the rate for outer years is yet to be finalised consistent with management’s guidance for a moderation of margins in EMEA Services, as mode