Upcoming Dividend • Jul 16
Upcoming dividend of UK£0.08 per share Eligible shareholders must have bought the stock before 23 July 2026. Payment date: 20 August 2026. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (5.4%). Higher than average of industry peers (1.1%). Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to UK£4.83, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 24x in the Aerospace & Defense industry in the United Kingdom. Total returns to shareholders of 51% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£7.45 per share. Ankündigung • Jun 10
QinetiQ Group plc, Annual General Meeting, Jul 16, 2026 QinetiQ Group plc, Annual General Meeting, Jul 16, 2026. Location: the offices of ashurst llp, london fruit and wool exchange, 1 duval square, e1 6pw, london United Kingdom Reported Earnings • May 23
Full year 2026 earnings released: EPS: UK£0.20 (vs UK£0.33 loss in FY 2025) Full year 2026 results: EPS: UK£0.20 (up from UK£0.33 loss in FY 2025). Revenue: UK£1.92b (flat on FY 2025). Net income: UK£107.5m (up UK£293.2m from FY 2025). Profit margin: 5.6% (up from net loss in FY 2025). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Aerospace & Defense industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Ankündigung • Feb 17
QinetiQ Group plc to Report Fiscal Year 2026 Results on May 21, 2026 QinetiQ Group plc announced that they will report fiscal year 2026 results on May 21, 2026 Ankündigung • Jan 20
QinetiQ Group plc Reaffirms Earnings Guidance for Fiscal Year 2026 QinetiQ Group plc reaffirmed earnings guidance for fiscal year 2026. For the year, the company continues to expect to deliver c.3% organic revenue growth and EPS growth of 15-20%. Ankündigung • Nov 19
QinetiQ Announces Management Changes Experienced executive leader Brad Feldmann and financial management expert John Kavanaugh have been appointed to the QinetiQ SSA Board of Directors. The QinetiQ SSA Board was established in July 2020 after an agreement was reached with the US Defense Counterintelligence & Security Agency, to operate all of QinetiQ US's defence and security operations under a new Special Security Agreement (SSA). With more than thirty years' experience as an executive leader at organizations including technology company Neology, defense and transportation company Cubic Corporation, airborne intelligence solutions provider, AEVEX, and the National Defense Industrial Association, Brad has extensive experience in building and scaling businesses through organic growth and acquisitions. In 2020, he was named by the Wall Street Journal as one of the world's most influential business leaders. John served as Chief Financial Officer at Perspecta Inc., which he launched as a publicly traded company in June 2018 before it was acquired in 2021 by Peraton, a leading provider of Government Services IT Solutions, where John retained his senior leadership position. He has held executive roles at IT services and consulting company DXC Corporation, was President of Xerox Federal Solutions Group and Vice President at Northrop Grumman. Brad and John succeed former outside directors Tom Vecchiolla, who stepped down from the SSA Board of Directors earlier this year to take up the role of President and Chief Executive, QinetiQ US, and Dr Pamela Drew, who sadly passed away earlier this year. We are grateful for Pam's service and for her significant contribution to the SSA Board. Ankündigung • Nov 13
QinetiQ Group plc Announces Interim Dividend, Payable on 6 February 2026 QinetiQ Group plc announced an interim dividend of 3.0 pence (H1 FY25: 2.8 pence) per share for the financial year ending 31 March 2026 on the Company's shares of 1 pence. The interim dividend will be paid on 6 February to shareholders on the register on 9 January 2026. The interim dividend represents a 7% increase on the prior half year dividend in line with progressive dividend policy. The full year proposed dividend will be announced with full year preliminary results in May 2026. Ankündigung • Oct 07
QinetiQ Appoints Corry Neale as Chief Executive, Australia, Effective 06 October 2025 QinetiQ has appointed Corry Neale as Chief Executive, Australia Sector, effective 06 October 2025. Corry brings more than 20 years' experience as a leader in defence, aerospace, and technology. Prior to joining QinetiQ, she held senior executive positions at Thales Australia, including Chief Strategy Officer and Vice President Land. Ankündigung • Jul 17
QinetiQ Group plc Provides Earnings Guidance for the First Half of 2026 and Reaffirms Earnings Guidance for Fiscal Year 2026 QinetiQ Group plc provided earnings guidance for the first half of 2026 and reaffirmed earnings guidance for fiscal year 2026. Consistent with full-year expectations The company anticipates c.46%-48% of revenue in the first half.
Expectations for the full-year remain unchanged with c.3% organic revenue growth, EPS growth in the range of 15%-20% and good cash conversion. Ankündigung • May 22
Qinetiq Group plc Provides Earnings Guidance for Fiscal Year 2026 QinetiQ Group plc provided earnings guidance for fiscal year 2026. The company's Revenue growth expected to be c.3% for fiscal year 2026, with 75% revenue cover. EPS growth expected to be 15-20%. Ankündigung • Mar 22
QinetiQ Group plc Announces Board and Committee Changes QinetiQ Group plc announced that Susan Searle, Non-executive Director and Chair of the Remuneration Committee, will step down from the Board with effect from 31 March 2025, having completed her full allowable term. As part of a planned succession, Dina Knight, a Non-executive Director, will assume the role of Chair of the Remuneration Committee as Susan steps down. Ankündigung • Jan 09
Qinetiq Group plc Appoints Roger Krone as an Independent Non-Executive Director of the Board, Senior Us Independent Non-Executive Director and A Member of the Audit, Nominations, Remuneration and Risk & Security Committees, Effective 8 January 2025 QinetiQ Group plc announced the appointment of Roger Krone as an Independent Non-Executive Director of the Board with effect from 8 January 2025. Upon appointment Roger will also become the Senior US Independent Non-Executive Director, and a member of the Audit, Nominations, Remuneration and Risk & Security Committees. Roger Krone is a US citizen and brings extensive leadership and operational experience, including as Chairman and CEO of Leidos Holdings Inc. from 2014 to until his retirement in 2023. He also held numerous senior leadership roles at The Boeing Company and General Dynamics. He is currently a Director of Lear Corporation and the President and Chief Executive Officer of the Boy Scouts of America. Roger is a Director of Lear Corporation and the President and Chief Executive Officer of the Boy Scouts of America. Roger served as the Chairman and CEO of Leidos Holdings Inc. from 2014 to until his retirement in 2023. Previously, he has served as a Director of BorgWarner Inc. and of Mercury Systems Inc., and as President of Network and Space Systems for The Boeing Company from 2006 to 2014. He also held various senior programme management and finance positions at Boeing, McDonnell Douglas Corporation and General Dynamics Corporation. He is a Certified Public Accountant and has a bachelor's degree in Aerospace Engineering from the Georgia Institute of Technology, a master's degree in Aerospace Engineering from the University of Texas at Arlington and a Master of Business Administration from the Harvard Graduate School of Business. Ankündigung • Oct 21
Qinetiq Group plc Appoints Ezinne Uzo-Okoro as an Independent Non-Executive Director of the Board and Member of the Audit, Nominations, Remuneration and Risk & Security Committees, Effective November 1, 2024 -QinetiQ Group plc announced the appointment of Dr. Ezinne Uzo-Okoro as an independent Non-Executive Director of the Board with effect from 1 November 2024. Upon appointment she will become a member of the Audit, Nominations, Remuneration and Risk & Security Committees. In 20 years of US government service, including a final tour at the White House from 2021 - 2024 as head of Space Policy, Ezinne's career has included contributions to US national policy and more than 60 NASA missions and programmes. Her work has resulted in strategies for US technological leadership and future economic growth. She is now a Senior Fellow at the Belfer Center, and a Venture Partner in SineWave, a venture capital fund focused on early-stage technology enterprises. She earned an undergraduate degree in Computer Science from Rensselaer Polytechnic Institute, and masters degrees in Aerospace Systems, Space Robotics and Science & Technology Policy from John Hopkins University, MIT and Harvard University, respectively. She also earned a doctorate degree in Aeronautics and Astronautics from MIT. Ankündigung • Oct 11
QinetiQ Group plc to Report First Half, 2025 Results on Nov 14, 2024 QinetiQ Group plc announced that they will report first half, 2025 results on Nov 14, 2024 Ankündigung • Jul 19
Qinetiq Group plc Provides Update Regarding Appointment of Martin Cooper as Chief Financial Officer QinetiQ Group plc announced on 16th April 2024, Martin Cooper has been appointed as Group CFO. Company now confirmed that Martin will join at the start of September, sooner than originally anticipated. Declared Dividend • May 27
Final dividend increased to UK£0.057 Dividend of UK£0.057 is 6.6% higher than last year. Ex-date: 25th July 2024 Payment date: 22nd August 2024 Dividend yield will be 2.0%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 39% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 26
Full year 2024 earnings released: EPS: UK£0.24 (vs UK£0.27 in FY 2023) Full year 2024 results: EPS: UK£0.24 (down from UK£0.27 in FY 2023). Revenue: UK£1.91b (up 21% from FY 2023). Net income: UK£139.6m (down 9.6% from FY 2023). Profit margin: 7.3% (down from 9.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Aerospace & Defense industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Ankündigung • Mar 21
QinetiQ Reports First Successful Flights of New Design Rattler Supersonic Target QinetiQ, in partnership with the United States Department of Defense and White Sands Missile Range High Energy Laser Systems Test Facility (HELSTF), announced the successful flights of the first two Rattler Supersonic Target MkIs. As part of the High Energy Laser Measurement (HELM) Rattler program and a QinetiQ funded Research and Development project, the flights provided the first data for this design variant of the uncrewed target. It also presented opportunities for the HELSTF Tracking Illuminating Laser System to acquire, track and queue from a supersonic target at a short slant range, aiding the program's Rattler variant development. Emulating a variety of advanced missile threats, Rattler ST is a cost-effective supersonic target platform designed for threat replication, operational training and system evaluation. QinetiQ is customising the platform to support the U.S. Department of Defense's HELM Rattler Program, integrating a third-party target board to measure high-energy laser characteristics in flight, at supersonic speeds. The $10 million program started in February 2022 and is due to conclude in mid-2024. QinetiQ's portfolio of targets are built in line with customers' requirements to meet the current and evolving threats that they are needing to defend and train against, delivering realistic Threat Representation. Ankündigung • Mar 20
Qinetiq Group plc Announces Resignation of Lawrence (Larry) Prior III, Non-Executive Director QinetiQ Group plc announced that Lawrence (Larry) Prior III, who has been a Non-executive Director since August 2021, has resigned from the Board with effect from 16 March 2024. Larry Priorhas not and will not receive any loss of office payments, nor will he be paid any further remuneration for his service as a Director of QinetiQ, other than fees due for his services up to the date of his retirement from the Board. Ankündigung • Feb 12
QinetiQ Group plc Announces Board Appointments, Effective from March 1, 2024 QinetiQ Group plc announced the appointment of two independent Non-Executive Directors to its Board. Ross McEwan CBE will join the QinetiQ Board on 1 March 2024. Ross has been Chief Executive Officer and Managing Director of National Australia Bank Limited since December 2019 and, as recently announced, will retire from NAB on 1 July 2024. Dina Knight will join the QinetiQ Board on 1 March 2024. Dina is Chief People Officer ofglobal technology services and solutions provider Datatec Group and Logicalis International, accountable for its people operations and strategy. Upon appointment, Ross and Dina will become members of the Audit, Nominations, Remuneration and Risk & Security Committees. Prior to joining the QinetiQ Board, Ross has been Chief Executive Officer and Managing Director of National Australia Bank Limited (NAB) since December 2019. He joined NAB from the Royal Bank of Scotland (RBS) where he served as RBS Group CEO from 2013 to 2019 and CEO UK Retail from 2012 to 2013. Prior to these appointments, Ross held the positions of Group Executive for Retail Banking Services and Executive General Manager at the Commonwealth Bank of Australia, during which time he was responsible for its branch network, contact centres and third-party mortgage brokers. Ross holds a Bachelor of Business Studies from Massey University, New Zealand and has more than 30 years' experience in the finance, insurance and investment industries. Prior to his position at CBA, Ross was Managing Director of First NZ Capital Securities and Chief Executive Officer of National Mutual Life Association of Australasia Limited/AXA New Zealand Limited. Ross is also Chair of the Australian Banking Association. Dina is Chief People Officer of Datatec Group and itsLogicalis International division. Datatec is an international IT solutions and services company, listed on the Johannesburg Stock exchange with revenues of over $5billion and over 11,000 employees. Logicalis is one Datatec's three business divisions, and is itself a global corporation with over 4,000 employees. Dina is accountable for people operations strategy from Board level down. Prior to Logicalis, she held the role of Global HR Director at Truphone, responsible for driving a collaborative and innovation-centred culture within an environment of rapid change from 2017 to 2022. Dina has also had positions as Group HR Director for Teledyne e2v and Group HR Director/HR Director for Northgate Information Solutions from 2007 to 2010. Dina read Business Studies and gained a Post Graduate Diploma in Personnel Management from Teesside University, and has thirty years of HR experience across private and PLC business environments. She is highly experienced in working across international workforces and building strong teams to deliver change and drive results, whilst ensuring that workforce and business well-being remain a top priority. Upcoming Dividend • Dec 28
Upcoming dividend of UK£0.026 per share at 2.5% yield Eligible shareholders must have bought the stock before 04 January 2024. Payment date: 02 February 2024. Payout ratio is a comfortable 42% and the cash payout ratio is 83%. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (2.2%). Reported Earnings • Nov 18
First half 2024 earnings released: EPS: UK£0.11 (vs UK£0.19 in 1H 2023) First half 2024 results: EPS: UK£0.11 (down from UK£0.19 in 1H 2023). Revenue: UK£883.1m (up 31% from 1H 2023). Net income: UK£63.7m (down 42% from 1H 2023). Profit margin: 7.2% (down from 16% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Aerospace & Defense industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jul 29
Group CEO & Executive Director recently sold UK£1.0m worth of stock On the 27th of July, Steve Wadey sold around 300k shares on-market at roughly UK£3.46 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Steve's only on-market trade for the last 12 months. Upcoming Dividend • Jul 20
Upcoming dividend of UK£0.053 per share at 2.2% yield Eligible shareholders must have bought the stock before 27 July 2023. Payment date: 24 August 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of British dividend payers (6.1%). Lower than average of industry peers (2.6%). Ankündigung • Jun 13
QinetiQ Group plc, Annual General Meeting, Jul 20, 2023 QinetiQ Group plc, Annual General Meeting, Jul 20, 2023, at 10:00 Coordinated Universal Time. Location: Ashurst LLP, London Fruit & Wool Exchange 1 Duval Square London United Kingdom Agenda: To receive the accounts and the reports of the Directors and the auditor thereon for the financial year ended 31 March 2023; to consider Remuneration Report; to consider Remuneration Policy; to consider Declaration of final dividend; to consider directorate elections; and to consider other matters. Buying Opportunity • May 31
Now 20% undervalued Over the last 90 days, the stock is up 5.0%. The fair value is estimated to be UK£4.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 8.4% per annum. Earnings is also forecast to grow by 5.4% per annum over the same time period. Reported Earnings • May 27
Full year 2023 earnings released: EPS: UK£0.27 (vs UK£0.16 in FY 2022) Full year 2023 results: EPS: UK£0.27 (up from UK£0.16 in FY 2022). Revenue: UK£1.58b (up 20% from FY 2022). Net income: UK£154.4m (up 72% from FY 2022). Profit margin: 9.8% (up from 6.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Aerospace & Defense industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Mar 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 6.5%. The fair value is estimated to be UK£4.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 9.5% per annum. Earnings is forecast to decline by 1.6% per annum over the same time period. Ankündigung • Feb 16
QinetiQ Group plc Appoints Gary Stewart as CEO for Australia Sector, Effective 01 May 2023 QinetiQ Group plc announced the formation of a new Australia Sector and names Gary Stewart as the Sector's Chief Executive, effective 01 May 2023. Gary will join QinetiQ from Rheinmetall Defence Australia where he was the Managing Director responsible for strategy and operational delivery in the Asia Pacific region. Gary has a proven track record of transforming and growing businesses, with more than 20 years of experience within the defence industry in the US, Canada, UK, Germany and Australia. He is an engineer and served in the Royal Australian Air Force for 11 years. Gary will join QinetiQ's Leadership Team led by Steve Wadey, QinetiQ's Group Chief Executive Officer. Buying Opportunity • Feb 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 4.1%. The fair value is estimated to be UK£4.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 9.5% per annum. Earnings is forecast to decline by 1.6% per annum over the same time period. Upcoming Dividend • Dec 29
Upcoming dividend of UK£0.024 per share Eligible shareholders must have bought the stock before 05 January 2023. Payment date: 03 February 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (2.9%). Reported Earnings • Nov 16
First half 2023 earnings released: EPS: UK£0.20 (vs UK£0.039 in 1H 2022) First half 2023 results: EPS: UK£0.20 (up from UK£0.039 in 1H 2022). Revenue: UK£673.4m (up 12% from 1H 2022). Net income: UK£112.4m (up 404% from 1H 2022). Profit margin: 17% (up from 3.7% in 1H 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Aerospace & Defense industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has remained flat. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Steve Mogford was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Steve Mogford was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jul 21
Upcoming dividend of UK£0.05 per share Eligible shareholders must have bought the stock before 28 July 2022. Payment date: 25 August 2022. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (5.3%). Lower than average of industry peers (3.0%). Buying Opportunity • Jul 21
Now 21% undervalued Over the last 90 days, the stock is up 10%. The fair value is estimated to be UK£4.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 12%. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings is also forecast to grow by 12% per annum over the same time period. Buying Opportunity • May 31
Now 21% undervalued Over the last 90 days, the stock is up 18%. The fair value is estimated to be UK£4.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 11%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings is also forecast to grow by 12% per annum over the same time period. Reported Earnings • May 20
Full year 2022 earnings released: EPS: UK£0.16 (vs UK£0.22 in FY 2021) Full year 2022 results: EPS: UK£0.16 (down from UK£0.22 in FY 2021). Revenue: UK£1.32b (up 3.3% from FY 2021). Net income: UK£90.0m (down 28% from FY 2021). Profit margin: 6.8% (down from 9.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 5.6%, compared to a 12% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. President & CEO of QinetiQ US and Director Shawn Purvis was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improved over the past week After last week's 16% share price gain to UK£2.93, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Aerospace & Defense industry in the United Kingdom. Total returns to shareholders of 1.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£4.81 per share. Upcoming Dividend • Dec 30
Upcoming dividend of UK£0.023 per share Eligible shareholders must have bought the stock before 06 January 2022. Payment date: 04 February 2022. Payout ratio is a comfortable 54% and the cash payout ratio is 94%. Trailing yield: 2.6%. Lower than top quartile of British dividend payers (4.1%). Lower than average of industry peers (3.9%). Executive Departure • Dec 01
Group CFO & Corporate Governance and Director David Smith has left the company On the 30th of November, David Smith's tenure as Group CFO & Corporate Governance and Director ended after 4.8 years in the role. As of September 2021, David still personally held 426.28k shares (UK£1.4m worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 4.33 years. Recent Insider Transactions • Nov 17
Independent Chairman of the Board recently bought UK£133k worth of stock On the 15th of November, Neil Johnson bought around 50k shares on-market at roughly UK£2.66 per share. This was the largest purchase by an insider in the last 3 months. This was Neil's only on-market trade for the last 12 months. Reported Earnings • Nov 12
First half 2022 earnings released: EPS UK£0.042 (vs UK£0.13 in 1H 2021) The company reported a poor first half result with weaker earnings and profit margins, although revenues were flat. First half 2022 results: Revenue: UK£600.1m (flat on 1H 2021). Net income: UK£23.8m (down 68% from 1H 2021). Profit margin: 4.0% (down from 12% in 1H 2021). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Board Change • Nov 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Carol Borg was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jul 22
Upcoming dividend of UK£0.047 per share Eligible shareholders must have bought the stock before 29 July 2021. Payment date: 26 August 2021. Trailing yield: 2.1%. Lower than top quartile of British dividend payers (4.0%). Lower than average of industry peers (3.8%). Reported Earnings • Jun 19
Full year 2021 earnings released: EPS UK£0.22 (vs UK£0.19 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: UK£1.28b (up 19% from FY 2020). Net income: UK£124.5m (up 17% from FY 2020). Profit margin: 9.7% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • May 22
Full year 2021 earnings released: EPS UK£0.22 (vs UK£0.19 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: UK£1.28b (up 19% from FY 2020). Net income: UK£124.5m (up 17% from FY 2020). Profit margin: 9.7% (in line with FY 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Executive Departure • Apr 29
Independent Non-Executive Director has left the company On the 26th of April, Ian Mason's tenure as Independent Non-Executive Director ended after 6.9 years in the role. As of December 2020, Ian personally held only 10.00k shares (UK£32k worth at the time). A total of 2 executives have left over the last 12 months. Upcoming Dividend • Dec 31
Upcoming Dividend of UK£0.022 Per Share Will be paid on the 5th of February to those who are registered shareholders by the 7th of January. The trailing yield of 2.0% is below the top quartile of British dividend payers (4.7%), and is lower than industry peers (4.0%). Is New 90 Day High Low • Dec 30
New 90-day high: UK£3.26 The company is up 16% from its price of UK£2.80 on 01 October 2020. The British market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£5.05 per share. 
