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Ricardo Continues To Perform In Line, Confident On 2nd Half Progress

16th Jan 2014 13:00

LONDON (Alliance News) - Ricardo PLC said Thursday that its performance had continued in line with expectations in the six months ended December 31, and expressed confidence in making further progress in the second half.

The management consulting company said its Performance Products division continued to perform well, and its Technical Consulting division continued to win new business.

"With the solid order book within both Technical Consulting and Performance Products and an encouraging order pipeline, we remain confident of further progress in the second half of the year," said Chief Executive Officer Dave Shemmans in a statement.

Shares in Ricardo were trading down 1.8% at 683.70 pence Thursday.

By Hana Stewart-Smith; [email protected]; @hanassallnews

Copyright © 2014 Alliance News Limited. All Rights Reserved.


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