Key highlights

A solid operational performance in challenging markets

Financial highlights

Revenue

£755.7m

2015: £763.8m

Underlying operating profit

£108.9m

2015: £111.3m

Underlying EPS

16.3p

2015: 15.2p

Net cash

£274.5m

2015: £195.5m

Total dividend

5.7p

2015: 5.4p

Profit/loss after tax

£106.1m

2015: £104.7m

Operational highlights

Aircraft engineering services contract delivers more for less

Awarded five-year renewal which represents a new way of doing business with the Ministry of Defence (MOD) where QinetiQ is measured and paid on results and outputs, not inputs.

Contract value

£153m

The first ever UK launch, and subsequent engagement of a ballistic missile in space

Coordinated three weeks of allied at-sea operations and live weapons firing, at Europe’s largest range: the QinetiQ-operated Hebrides range.

Multiple world firsts

Supporting delivery of launch systems and arresting gear on the US Navy’s next-generation aircraft carrier

Won a multi-year production contract to update, procure, assemble and test launch and arresting control hardware and software for the CVN-79 John F. Kennedy.

Contract value

$16m

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