QinetiQ Beats Expectations, Secures £2.4B Contracts
Update: 2025-11-13
Description
QinetiQ Groups first-half financial results exceeded expectations, with a core operating profit of £96 million, despite a 3% sales decline. Securing £2.4 billion in new contracts, including a £1.5 billion UK defense deal, bolstered their confidence in long-term growth. The company maintained its full-year outlook, planning a 3% sales increase and a 7% dividend hike.
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