QinetiQ Annual Pretax Profit Increases

reported an increase in its pretax profit for the full year and lifted its dividend. QinetiQ's profit before tax rose to GBP105.4 million ($163.7 million) for the year, compared to GBP84.0 million in the year-ago period. Its revenue declined 2 percent to 763.8 million. The company's board declared a dividend of 5.4 pence per share, compared to 4.6 pence per share.