26th Mar 2015 09:07
LONDON (Alliance News) - Project management and technical consultancy WYG PLC on Thursday said its second half trading was in line with its expectations and affirmed its operating profit guidance for the year.
WYG said trading in the second half of its financial year to the end of March has remained in line with its expectations. It also confirmed it expects its operating profit for the year to be "modestly" ahead of GBP5.25 million, in line with its previous guidance and up against the GBP2.4 million posted a year earlier.
"Our focus on bidding less and bidding bigger to win more is supporting a strong win rate which we believe will serve us well as we focus on converting a healthy pipeline of UK and international opportunities and continuing to win places on further frameworks," said WYG Chief Executive Paul Hamer.
Shares in WYG were untraded Thursday morning, having last traded at 111.00 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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