Join our community of smart investors

Qinetiq strives to convert demand into earnings

Russia's invasion of Ukraine creates increased demand for services
May 19, 2022
  • Order book grows by 7 per cent
  • Target set to grow revenue by 75 per cent in five years

Russia’s invasion of Ukraine has presented headwinds for many companies, either because of supply chain disruption or higher input prices as energy prices soar. 

For defence companies like Qinetiq (QQ), though, it’s been a tailwind. The invasion only took place towards the end of its financial year but the warning signs were present throughout its final quarter.

This is subscriber only content
Start your trial to keep reading
PRINT AND DIGITAL trial

Get 12 weeks for £12
  • Essential access to the website and app
  • Magazine delivered every week
  • Investment ideas, tools and analysis
Have an account? Sign in