Business
QinetiQ : Preliminary Results for the year that ended 31st March 2026 - 21 May 2026 presentation
QinetiQ : Preliminary Results for the year that ended 31st March 2026 - 21 May 2026
About this update from Qinetiq Group Plc
GINETIG Resilient performance, foundations set for sustainable growth Preliminary results for year-ended 31 March 2026 21 May 2026 Agenda 1 Highlights and review Steve Wadey 2 Financial results Martin Cooper 5 Strategic outlook Steve Wadey 4 0&A Both GINETIG Highlights Resilient performance, foundations set for sustainable growth FY26 Orders Revenue Resilient performance in more challenging markets Restructured the business, US options under active review Delivered higher-quality earnings and strong cash conversion Record order intake and backlog provides clear growth visibility Targeting ›£550m free cash flow over the next three years Dividend payout increased and share buyback extended Organic constant currency Operating profit from segments Funded and unfunded £5,575m £1,925m +83% +1.3%= Operating profit2 Free cash flow £218m £159m 11.5%margin +41% Bacdog^ £4.8bn +41% GINETIG Improving earnings quality Delivered through restructuring, execution and strategic focus Restructure with discipline Execute with control Overall portfolio reshaped (US Fed IT disposal) Headcount resizing (c.1, 000 roles) and cost efficiency Strengthened delivery and business development Strong UK performance with 7% growth US business stabilised Improved margins and earnings quality Investment targeted on high return markets Major developments as HMG strategic partner (LTPA, EDP) Leveraging strengths into Australia and Europe GINETIG US business Operating environment, actions taken and current position US defence market challenging Heigntened geopolitical uncertainty benefited aefence hardware vs. services Impact of DOGE ana Government budget constraints slowing market order how Restructuring actions Resizing of cost base and simplification of operating footprint Exit from non-core activities including low return contracts ana Fed IT disposal Business focus Four diJerentiated segments delivering underlying growth ana aligned to customer priorities: Space & Missile Defence; Maritime; Sensors; Persistent Surveillance Current position Business stabilised at approximately S385m revenue Focus on driving organic growtn opportunities ana assessing fit within Group All options under active review to deliver enhanced returns GINETIG Financial highlights Delivering record orders, good profit and cash ñow in challenging markets FY26 FY25 % change % OCC' Key takeaways: Order intake ...