Trading Statement

RNS Number : 6270E

QinetiQ Group plc

30 September 2008

 



QinetiQ Group plc

30 September 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 six months ending 30 September 2008.  

The Board confirms that the Group has continued to perform in line with expectations.  

The EMEA restructuring programme announced in the 2008 year end results completed ahead of plan and on budget. Savings of at least £12m will be generated on an annualised basis.

The acquisition of Dominion Technology Resources Inc., announced on 4 August 2008, is subject to regulatory approval in the United States and is expected to complete during the month of October.

The Group's interim results will be announced on 26 November 2008.

Contacts: 

QinetiQ Investor Relations: Ben Lewis Tel: [phone] 

QinetiQ Media Relations: David Bishop Tel: [phone]

Disclaimer 

All statements other than statements of historical fact included in this document, including, without limitation, those regarding the financial condition, results, operations and businesses of QinetiQ and its strategy, plans and objectives and the markets and economies in which it operates, are forward-looking statements. Such forward-looking statements, which reflect management's assumptions made on the basis of information available to it at this time, involve known and unknown risks, uncertainties and other important factors which could cause the actual results, performance or achievements of QinetiQ or the markets and economies in which QinetiQ operates to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Nothing in this document should be regarded as a profit forecast. 

 

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