logo
Plus   Neg
Share
Email

QinetiQ Says Continued To Perform In Line With View

QinetiQ Group plc. (QQ.L), in its trading update for the third quarter, said that it has continued to perform in line with its expectations. It continues to maintain its expectations for full year operating profit with high single digit revenue growth.

The EMEA Services division has continued to perform in line with its expectations delivering organic order and revenue growth compared to the prior year, the company said.

The company has acquired Newman & Spurr Consultancy Limited on a cash-free, debt-free basis for 14 million pounds. Newman & Spurr Consultancy offers a range of attractive training and simulation solutions, primarily in land and joint training area.

The company will report its preliminary results for fiscal year 2020 on 21 May 2020.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
CVS Health Corp. is hiring 15,000 employees across the U.S. in the fourth quarter to better equip them to tackle the anticipated rise in COVID-19 and flu incidences during the fall and winter months. This is in addition to the recruitment announced in March to fill 50,000 new full-time, part-time and temporary roles across the country in support of the company's response to the pandemic. Ireland's Data Protection Commissioner or DPC, the European Union's main data privacy regulator, is investigating Facebook over its handling of millions of children's personal data on Instagram, reports said. The agency has started two separate inquiries regarding information that email addresses and phone numbers of users under 18 were made public by the Facebook-owned app. ConocoPhillips (COP) and Concho Resources (CXO) announced Monday that they have entered into a definitive agreement to combine companies in an all-stock transaction valued at $9.7 billion. The transaction creates a company with an approximately $60 billion enterprise value and a combined resource...
RELATED NEWS
Follow RTT