QinetiQ keeps FY27 outlook, says Q1 trading matches expectations

Reuters2026/07/30 16:12

By:Reuters

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QinetiQ posted first-quarter trading in line with full-year expectations, supported by a record opening order backlog.
FY27 guidance maintained: revenue growth of 3%-5%, underlying operating profit margin of 11%-11.5%, EPS growth of 8%-10%.
Cash targets unchanged: more than 90% cash conversion in FY27, more than GBP 550 million free cash flow over FY27-FY29.
First-half weighting unchanged: about 46% of full-year revenue, underlying operating profit margin of about 11%.
Share buyback continued: GBP 32 million repurchased; about GBP 68 million left in the current program, due to complete by end-FY27.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. QinetiQ Group plc published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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QinetiQ keeps FY27 outlook, says Q1 trading matches expectations

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