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WYG PLC Ord 0.1P (WYG)

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11-Jun-2019 07:46 AM

Takeover target WYG posts annual loss as consulting sales slip

Professional services group WYG, which has agreed to be acquired by Tetra Tech, posted a full-year loss amid falling sales in its consultancy division. Pre-tax losses for the year through March amounted to £4.6m, compared to losses of £5.3m o
04-Dec-2018 02:57 PM

WYG posts first-half loss following Turkey project delays

Project management and technical consultancy WYG posted a first-half loss as revenue slipped. Pre-tax losses for the six months through September amounted to £0.8m, compared to losses of £2.8m on-year. Revenue fell to £75.3m, down from
05-Jun-2018 09:35 AM

WYG swings to annual loss after write-downs

Project management and technology consultancy group WYG swung to an annual loss after it shuttered a business it had acquired in 2015 and increased provisions for contract claims. Pre-tax losses amounted to £5.3m, compared to a £1.6m profit a
02-Jan-2018 01:52 PM

WYG updates on Turkish subsidiary cash receipts

WYG has confirmed that its Turkish subsidiary has now received cash of €13.3m of the c. €14.0m due and remains confident that a significant proportion of the remaining balance will also be paid in due course. At 1:52pm: (LON:WYG) WYG Plc sha
05-Dec-2017 11:30 AM

Broker Forecast - finnCap issues a broker note on WYG Plc

finnCap today reaffirms its buy investment rating on WYG Plc (LON:WYG) and cut its price target to 50p (from 80p). Story provided by
05-Dec-2017 08:11 AM

WYG posts first-half loss

Services group WYG went into the red in the first half following contract losses and delays. The company booked a pre-tax loss of £2.8m, swinging from a profit of £0.8m a year earlier. WYG held its interim dividend steady at 0.6p per share.
24-Nov-2017 09:07 AM

WYG downgrades earnings guidance

WYG downgraded its annual guidance after its consultancy services business experienced contract losses and delays. Operating profit will be substantially lower than current market expectations and in the range of £3.5m to £4.0m, with net deb
21-Sep-2017 01:15 PM

WYG shareholders pass all resolutions at AGM

WYG has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 1:15pm: (LON:WYG) WYG Plc share price was -1p at 63.5p Story provided by
30-Aug-2017 11:10 AM

Broker Forecast - finnCap issues a broker note on WYG Plc

finnCap today reaffirms its buy investment rating on WYG Plc (LON:WYG) and cut its price target to 80p (from 124p). Story provided by
25-Aug-2017 07:13 AM

WYG anticipates operating profit will be lower than expected

WYG revised its expectation of near term operating performance and now anticipates that operating profit for the half year will be significantly lower than in the prior year. The Board continues to expect revenue for the current year to exceed £160
03-Aug-2017 08:10 AM

Broker Forecast - finnCap issues a broker note on WYG Plc

finnCap today initiates coverage of WYG Plc (LON:WYG) with a buy investment rating and price target of 124p. Story provided by
06-Jun-2017 07:21 AM

WYG appoints new CEO, FY pretax profit down

WYG has appointed Douglas McCormick as its incoming CEO, as it posted a FY pretax profit of £1.6m, down from £2.2m. McCormick would succeed Paul Hamer from June 12, the latter taking up the post of CEO at Sir Robert McAlpine Ltd from July 31.
02-Jun-2017 07:16 AM

WYG Plc updates on new contract wins

WYG has recently been awarded two major new framework contracts with UK government agencies, and a significant new contract in Africa in its international development market. Together, the contracts were estimated to be worth about £50m to WYG ove
23-Mar-2017 07:55 AM

WYG warns UK profits will be lower than 2016

WYG warned full year UK profitability will be lower than 2016. Activity levels in the UK increased during the year. Although revenue during the fourth quarter, traditionally the group's strongest trading period, is expected to be higher than in th
30-Jan-2017 07:44 AM

WYG Plc names Jeremy Beeton as incoming chair

WYG Plc says chair Mike McTighe is to retire at the next AGM in September, and announces that senior independent non-executive director Jeremy Beeton will succeed him from that date. This change marks the fulfilment of the long-term succession planning p
22-Sep-2016 07:35 AM

WYG Plc reports continued momentum

WYG reports continued momentum in the growth of the business, with profit before tax and revenues for the half year ending 30th September 2016 expected to be significantly ahead of the comparative period. In addition, our Group order book has increased
04-Jul-2016 07:23 AM

WYG-led consortium wins €13.1m contract

WYG said a consortium led by it has been awarded a €13.1m four-year technical assistance contract by the European Investment Bank (EIB), on behalf of the Western Balkans Investment Framework (WBIF) and financed from the General Budget of the European
16-Oct-2015 07:33 AM

WYG wins contract with Turkish government contract

WYG has been awarded a two year technical assistance contract by the Turkish Ministry of Family and Social Policies on behalf of EuropeAid. Story provided by
24-Sep-2015 01:01 PM

WYG passes AGM resolutions

WYG has confirmed that at the Annual General Meeting of Company held today all 9 resolutions put to members were passed on a poll. At 1:01pm: (LON:WYG) WYG Plc share price was -2p at 116p Story provided by
24-Sep-2015 07:25 AM

WYG's outlook

WYG Plc said its board expects FY pretax profit to be in line with recent market guidance. During H1, WYG delivered a very strong performance in its UK business. This UK performance was underpinned by continuing economic growth and infrastructure spendin
26-Mar-2015 07:48 AM

WYG says H2 in line, sees FY op profit up on £5.25m

WYG said H2 trading has continued in line with management views. It therefore confirms that, as stated in September, it expects FY operating profit to be modestly ahead of £5.25m. CEO Paul Hamer said: "This has been another strong year for WYG.
10-Mar-2015 07:33 AM

WYG Plc wins £10m worth of new UK contracts

WYG has recently won its 11th project under the UK MoD's PSP Framework and three important new framework contracts with an anticipated combined value to the Company of more than £10.0m over the next two years. Story provided by StockMarketWire
24-Nov-2014 07:28 AM

WYG confirms significant nuclear new-build contract

WYG confirms that, further to its announcement July 17, it has now entered into a contract with Amec Foster Wheeler, which has been formally appointed by PGE EJ1, a subsidiary of Polish state-controlled Polska Grupa Energetyczna SA, to support the develop
23-Sep-2014 01:03 PM

WYG announces AGM results

The Annual General Meeting of WYG was held at the Company's registered office on 23 September 2014 at 10.00am. All 10 resolutions put to members were passed on a poll. Resolutions 1 to 8 were passed as ordinary resolutions and resolutions 9 and 10
11-Sep-2014 09:21 AM

WYG looks to exceed current market consensus

WYG, the global programme, project management and technical consultancy, has reported that its order book has recently increased by 10% and currently stands at £95.5m. A buoyant UK market is being supplemented by an increasing number of opportunities
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