LONDON (dpa-AFX) - QinetiQ Group plc issued a trading update covering first quarter to 30 June 2025. The Group said the financial year has started as anticipated, having taken a prudent view on the recovery of short cycle order flow and beginning the year with good revenue cover of 75%. Consistent with full-year expectations, the Group anticipates approximately 46-48% of revenue in the first half.
The Group's expectations for the full-year remain unchanged with approximately 3% organic revenue growth, margin of approximately 11%, EPS growth in the range of 15-20% and good cash conversion.
The final fiscal 2025 dividend of 6.05 pence will be paid, subject to shareholder approval, on 21 August 2025.
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