Hyder Consulting PLC Pre Close Trading Statement (3606N)
2012年9月28日 - 3:00PM
RNSを含む英国規制内ニュース (英語)
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RNS Number : 3606N
Hyder Consulting PLC
28 September 2012
Hyder Consulting PLC
Pre-Close Trading Update
Hyder Consulting PLC, the multi-national design and engineering
consultancy, today provides an update on trading in advance of its
half year results for the six months to 30 September 2012, which we
expect to announce on 21 November 2012.
Trading performance
The Group's first half pre-tax profit is now expected to be well
ahead of our previous expectations, due to the timing of
performance bonuses earned in Australia. The effective tax rate
will increase as a consequence.
Overall, the Asia Pacific region will be ahead of plan and
Australia has again performed strongly benefiting from the award of
better than anticipated performance bonuses. This has been
partially offset by contract delays and investments in China where
we expect to incur a small loss in the first half. Recent new
project awards should improve results there in the second half.
Middle East results are in line with plan and well ahead of the
first half last year.
UK market conditions continue to be challenging, particularly in
the highways sector, and results for the year are likely to be
below our initial expectations.
Financial position
The Group is in a strong financial position, with net cash
balances at the half year expected to be substantially higher than
at 30 September 2011.
Outlook
The Group's strong first half performance, favourable market
positioning and diversified geographic base give us confidence for
the full year outcome.
Enquiries:
Hyder Consulting PLC
Russell Down, Group Finance Director Tel: 020 3014 9000
Citigate Dewe Rogerson
Ginny Pulbrook Tel: 020 7282 2945
Notes:
1. About Hyder Consulting: Hyder Consulting is a multi-national
design and engineering consultancy operating in Asia, Australia,
the Middle East, Germany and the UK. We employ approximately 4,000
people and apply our global expertise coupled with local knowledge
to create award winning solutions for the transport, property,
utilities and environment sectors.
2. This announcement is based on information obtained from
unaudited management accounts.
3. This announcement contains certain forward-looking statements
with respect to the financial condition, results of operations and
businesses of Hyder Consulting PLC. These statements involve risk
and uncertainty because they relate to events and depend upon
circumstances that will occur in the future. There are a number of
factors that could cause actual results or developments to differ
materially from those indicated by these forward-looking
statements. Nothing in this announcement should be construed as a
profit forecast.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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