16 January 2023 - trading update
The defence and engineering group Qinetiq has issued a trading update on its third quarter, being the three months to 31 December. The company continues to see organic growth in revenues with operating margins in line with expectations. Order intake remains strong and so far in this financial year the company has received orders worth £1.35bn. Cash generation also remains very strong with cash conversion over 100% in the quarter and the company is now on track to deliver cash conversion of over 90% for the year as a whole. Overall the group remains . . .
This content is restricted to members only. We offer three packages from 1 month to a whole year of daily tips, market news and commentary, plus our monthly newsletters.
Registration is quick and simple HERE.
Already a member, log in HERE.
