QinetiQ Group Reports 1H Revenue of £923M and Reaffirms FY2027 Outlook
QinetiQ Group plc has reported its first-half financial results, posting a revenue of £923 million, representing a 2.6% increase year-over-year. The company also announced a Non-GAAP Earnings Per Share (EPS) of 16.80p for the period, supported by a 9% rise in order intake. Looking ahead, the company has reaffirmed its long-term strategic outlook through fiscal year 2027. QinetiQ expects revenue growth to remain between 3% and 5%, with operating margins targeted at 11.0% to 11.5%. The group also maintains an EPS growth target of 8% to 10% and aims for free cash flow exceeding £550 million over the FY27-29 period.
Tickers: $QNTQF
Topics: earnings report eps financial guidance revenue growth