31st Mar 2015 07:06
LONDON (Alliance News) - FTSE 250-listed defence services company QinetiQ Group PLC Tuesday reiterated its full year guidance for the year to end-March.
QinetiQ said there have been no material changes since its interim management statement in February.
At that time QinetiQ had said it continues to expected a a solid performance in its Europe, Middle East and Africa Services business but forecast difficulties in its Global Products arm.
It had forecast a steady performance from the EMEA Services arm in the final months of the year, despite the transformation programme initiated at the Ministry of Defence and the potential changes to the budgetary environment related to the upcoming UK General Election.
QinetiQ will publish its full year results May 21.
Shares in QinetiQ are trading up 0.1% at 191.20 pence Tuesday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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