News release
QinetiQ Group plc
Investor Seminar: Renewed ambition to accelerate sustainable growth
4 March 2021 - QinetiQ Group plc ("QinetiQ" or "the Group") today is hosting a virtual seminar for investors and analysts at 14:00 GMT. The seminar will cover:
| 1. | QinetiQ's ambition and growth in the US market; |
| 2. | Our digital transformation and how it will position us for continued growth in the test & evaluation market; and |
| 3. | Our approach to Environmental, Social and Governance (ESG) matters and how we deliver responsibly and sustainably for the benefit of all our stakeholders. |
At our interim results in November 2020 we set out a renewed ambition and evolved strategy to accelerate sustainable growth of the company by delivering mission-led innovation for our customers' advantage.
Our ambition is to deliver at least the same level of growth in the next 5+ years as we have in the last 5 years. We are therefore targeting mid-single digit percentage compound annual organic revenue growth over the next 5 years, with strategic acquisitions further enhancing this growth. The next phase of organic growth will be less capital intensive than the last 5 years, thereby supporting a strong Return on Capital Employed.
Access to the event is via pre-registration on our website: www.qinetiq.com/en/investors/investor-seminars/renewed-ambition-to-accelerate-sustainable-growth
A recording of the seminar will be available at www.qinetiq.com/investors after the event.
About QinetiQ
QinetiQ (QQ.L) is a leading science and engineering company operating primarily in the defence, security and critical infrastructure markets. We work in partnership with our customers to solve real world problems through innovative solutions delivering operational and competitive advantage. Visit our website www.QinetiQ.com. Follow us on LinkedIn and Twitter @QinetiQ. Visit our blog www.QinetiQ-blogs.com.
For further information please contact:
| John Haworth, Group Head of Investor Relations: | +44 (0) 7920 545841 |
| Chris Barrie, Citigate Dewe Rogerson (Media enquiries): | +44 (0) 7968 727289 |
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