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QinetiQ Group (QQ) investor relations material
QinetiQ Group Q1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Record order backlog of approximately £5bn at quarter end, supporting long-term growth prospects.
Trading in line with expectations, with prudent approach to short cycle order recovery and 75% revenue cover at year start.
Strategic contract wins in UK Defence and Intelligence sectors, including a £1.5bn extension and £110m in new contracts.
Financial highlights
Anticipated 46-48% of annual revenue in H1 at around 10% margin, with good cashflow.
Full-year guidance unchanged: ~3% organic revenue growth, ~11% margin, 15-20% EPS growth, and strong cash conversion.
Outlook and guidance
Full-year expectations reaffirmed, with cost efficiency benefits expected in H2.
Continued focus on operational delivery and US restructuring on track.
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