4 September 2026 - 480p
The defence business Qinetiq (480p) has now seen its share price fall for eight days in a row! We are somewhat surprised by this, given the increase in defence spending that is on the cards going forward. Last month a non-executive director purchased £50,000 of shares at 545p showing his support for the group and this was after the group issued a positive trading statement covering the first quarter of the financial year. Group revenue for the year to 31 March 2027 is expected to be around £2bn with adjusted pre-tax . . .
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