Qinetiq Group have announced an interim dividend of 2.3p (H1 2021: 2.2p) to be paid on 4 February 2022 to shareholders on the register on 7 January 2022. The interim dividend represents one third of the prior year total dividend reflecting their previously communicated methodology. The full year dividend will be announced with their full year preliminary results in May 2022.
Other financial highlights include:
-Orders up 25% on an organic basis, 21% after disposals; with robust backlog of £3.0bn
-Revenue up 3% on an organic basis, flat after disposals in the prior year
-Underlying operating profit of £53.4m, after £14.5m write-down on a large complex project
-Statutory operating profit down 30% due to the write-down
-Underlying EPS of 8.1p
