31st Mar 2008 07:02
QinetiQ Group plc31 March 2008 QinetiQ Group plc 31 March 2008 Pre-close Trading Update QinetiQ Group plc, the international defence and security technology company,today issues the following trading update in respect of the year ending 31 March2008. The Group's preliminary results will be announced on 28 May 2008. The Board confirms that the business has continued to perform in line with itsexpectations. Fourth quarter trading levels have remained robust and in linewith the outlook as described in the Interim Management Statement issued on 24January 2008. The balance sheet remains strong and there have been no significant changes inthe financial position of the Group since that reported as at 30 September 2007,other than in respect of the acquisitions referred to in the interim managementstatement of 24 January which were funded through an increase in bankborrowings. The Board remains confident about the outlook for the Group. Contacts: QinetiQ Investor Relations: Adrian Colman +44 (0)7740 432699 Disclaimer All statements other than statements of historical fact included in thisdocument, including, without limitation, those regarding the financialcondition, results, operations and businesses of QinetiQ and its strategy, plansand objectives and the markets and economies in which it operates, are forward-looking statements. Such forward-looking statements, which reflect management'sassumptions made on the basis of information available to it at this time,involve known and unknown risks, uncertainties and other important factors whichcould cause the actual results, performance or achievements of QinetiQ or themarkets and economies in which QinetiQ operates to be materially different fromfuture results, performance or achievements expressed or implied by suchforward-looking statements. Nothing in this document should be regarded as aprofit forecast. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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