Qinetiq Groups announces an interim dividend of 3.0p (H1 FY25: 2.8p) per share for the financial year ending 31 March 2026 on the Company's shares of 1 pence. The interim dividend will be paid on Friday 6 February to shareholders on the register on Friday 9 January 2026. The interim dividend represents a 7% increase on the prior half year dividend in line with their progressive dividend policy. The full year proposed dividend will be announced with their full year preliminary results in May 2026.
Other financial highlights include:
-Organic revenue down 3% due to US restructuring and tough near-term market conditions
-Underlying operating profit down 10% with margin ahead of guidance at 10.7%
-Underlying EPS flat at 14.2p reflecting the benefits of the accelerated share buyback
-Cash performance remains strong with good conversion at 85% and leverage at 0.6x
-Orders of £2.4bn, with a book-to-bill of 0.9x impacted by near-term UK market conditions
-£101m total returns to shareholders (dividend and share buyback) in the first half
