QinetiQ Group (QQ.)

Sector:

Defense and Aeronautics

Index:

FTSE 250

365.20p
   
  • Change Today:
      2.20p
  • 52 Week High: 379.80
  • 52 Week Low: 292.80
  • Currency: UK Pounds
  • Shares Issued: 574.40m
  • Volume: 1,188,300
  • Market Cap: £2,097.69m

Qinetiq makes 'good start' to trading year

By Iain Gilbert

Date: Friday 15 Oct 2021

LONDON (ShareCast) - (Sharecast News) - Defence technology company Qinetiq said on Wednesday that it had made "a good start" to the new financial year.
Qinetiq stated orders, revenue, profit and cash were all in line with expectations, with visibility on revenue under contract for the 2022 financial year increasing from £800.0m to £940.0m as the group continues to mitigate the impact of the Covid-19 pandemic.

As a result, Qinetiq said it remains confident of delivering full-year results in line with expectations, with mid-single-digit organic revenue growth at an 11% to 12% operating profit margin, rising to a 12% to 13% operating profit margin in the medium-term.

The FTSE 250-listed firm also stated it had seen "a strong start to the year" in its EMEA Services unit, with continued "good order intake" in its cyber and information business and strong revenue growth in the group's maritime and land division. However, it noted this had been "partially offset" by a slower quarter for its global products wing due to lower year-end backlog.

As of 0955 BST, Qinetiq shares were up 0.59% at 343.60p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

QinetiQ Group Market Data

Currency UK Pounds
Share Price 365.20p
Change Today 2.20p
% Change 0.61 %
52 Week High 379.80
52 Week Low 292.80
Volume 1,188,300
Shares Issued 574.40m
Market Cap £2,097.69m

QinetiQ Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
61.94% below the market average61.94% below the market average61.94% below the market average61.94% below the market average61.94% below the market average
40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average
Price Trend
70.40% above the market average70.40% above the market average70.40% above the market average70.40% above the market average70.40% above the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average
Income
24.24% below the market average24.24% below the market average24.24% below the market average24.24% below the market average24.24% below the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Growth
18.58% above the market average18.58% above the market average18.58% above the market average18.58% above the market average18.58% above the market average
80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average

What The Brokers Say

Strong Buy 4
Buy 2
Neutral 2
Sell 0
Strong Sell 0
Total 8
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

QinetiQ Group Dividends

  Latest Previous
  Interim Final
Ex-Div 03-Jan-24 27-Jul-23
Paid 02-Feb-24 24-Aug-23
Amount 2.60p 5.30p

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 552,378 @ 365.20p
16:35 589 @ 365.20p
16:35 848 @ 365.20p
16:35 1,723 @ 365.20p
16:35 2,331 @ 365.20p

QinetiQ Group Key Personnel

CEO Steve Wadey
Chair Neil A Johnson
CFO Carol Borg

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