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: +44 (0)1252 39 2696; +44 (0)7711 706 100
QinetiQ Media Relations: David Bishop Tel: +44 (0)1252 39 4573; +44 (0)7920 108 675
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.
This information is provided by RNS
The company news service from the London Stock Exchange
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