Shares 

Qinetiq in the money

A string of profit warnings have torpedoed the UK's defence sector, but Qinetiq (QQ.) has bucked the trend. A two-year self-help programme repaired the balance sheet, cash conversion is impressive and profits have grown fast. Full-year targets look achievable, too, but after that Qinetiq could struggle like everybody else.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Register
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now