Market Overview

QinetiQ Posts Higher H1 Profit

Related QNTQY
QinetiQ Annual Pretax Profit Increases
QinetiQ Posts 9% Drop In H1 Pretax Profit, Raises Dividend

QinetiQ Group PLC (OTC: QNTQY) reported an increase in its first-half pretax profit.

QinetiQ's pretax profit for the period rose to 80.0 million pounds, from GBP73.3 million, in the year-earlier period. Its underlying pretax profit climbed to GBP85.8 million from GBP71.2 million, while revenue dropped to GBP685.5 million from GBP739.6 million.

QinetiQ's diluted earnings per share rose to 9.8 pence from 9.2 pence, while underlying diluted earnings per share gained to 10.4 pence from 8.6 pence.

QinetiQ shares closed at $12.42 yesterday.

Posted-In: profitEarnings News


Related Articles (QNTQY)

View Comments and Join the Discussion!