DRV Driver Group Plc

TIDMDRV

RNS Number : 6785X

Driver Group plc

20 February 2012

20 February 2012

Driver Group plc

("Driver Group" or the "Company")

Trading Update

Driver Group, the global construction consultancy, is pleased to report an update on trading. The positive trends highlighted in the Company's results for the year to 30 September 2011 have continued into the second quarter of the current financial year.

The benefits of restructuring and refocusing the Middle East business have come through stronger than management anticipated in the current financial year whilst all other businesses are performing in line with and towards the top end of management expectations.

As stated in the results for the year to 30 September 2011 the first quarter trading had been at the top end of management expectations and whilst the Company is still relatively early in the current financial year, given the continued strength of trading and secured workload the Board now believes the Company will exceed management expectations for the current financial year.

Enquiries:

 
 Driver Group plc 
 David Webster, Chief Executive   Tel: +44 (0) 01706 223999 
 Damien McDonald, Group 
  Finance Director 
 Alan McClue, Non-executive        Tel: +44 (0) 7791 546798 
  Chairman 
 
 Charles Stanley Securities 
  Nominated Adviser & Broker 
 Marc Milmo / Carl Holmes         Tel: +44 (0) 207 149 6000 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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