Driver Grp Share News (DRV)

Driver Group Performing In Line With Expectations

LONDON (Alliance News) - Driver Group PLC said that it continues to perform in line with management expectations as it saw encouraging performances in Europe and the Middle East, although it cautioned on its performance in Africa and America, in a statement ahead of its annual general meeting Thu

Soco International Chairman adds 50,000 shares

Soco International's Non-Executive Chairman, Rui de Sousa, has acquired 50,000 shares in the international oil and gas exploration and production company. The shares were purchased at 384.97p each for a total spend of £192,485. In its interim management statement last month the group said it was

Driver Group Says Full-Year Headline Revenue Ahead Of Previous Year

Driver Group Buys In Chief, Contracts For Its Hong Kong Office

Driver Group almost doubled profits on success of acquisition

Driver Group shares got a lift on Tuesday after the company increased half year revenues and almost doubled its profits in the six months ended March 31st. Revenue at the global construction consultancy rose 74% from £10.6m to £18.5m, although this was driven largely by the acquisition of Trett in

Driver Group to beat full-year expectations

Driver Group, a global construction consultancy, rose following an announcement that it expects to 'exceed management's expectations' for the year to September 30th. In a pre-close trading update, the AIM-listed company explained that its Middle East and Africa businesses continue to trade ahead of

Driver Group wins contract in Africa

Construction consultancy Driver Group has made further progress to its Africa business following the award of a further contract. The deal is worth around $4.0m, but all other details remain confidential, the firm said. The project will be undertaken by a commercial joint venture between Driver

Middle East helps boost Driver Group

Construction consultancy Driver Group said a jump in Middle East revenues had helped catapult it back into profit in the first half. The firm reported pre-tax profits of £731,000, up from a loss of £140,000 the previous year. Revenue increased by 35% to £10.6m compared with £7.9m for the same peri

Driver wins consulting contract with mystery client

Driver Group, the global construction consultancy, looks to have landed itself up to four years of work on a new contract. The contract win, won under the auspices of Driver's recent acquisition, Treet Consulting, is with "one of the world's largest independent oil and gas ... companies". Driver

Driver moves up another gear

Driver Group, the construction consultancy, has lifted profit guidance for the second time this year on the back of strong trading and an order book that is fit to burst. Strong performances at its Middle East, Africa and UK Power divisions have persuaded the board to lift management expectations f

Driver Group speeds ahead

Construction consultancy Driver Group said the positive trends seen in its full year results to September 2011 have continued into the second quarter of the current financial year. Driver said the benefits of restructuring and refocusing the Middle East business have come through stronger than mana

Driver returns to profit

Shares in construction consultancy Driver stepped on the gas as it reported a return to profit, growth in revenue, and underlined its confidence in future trading with a proposed dividend of 0.5p per share for 2011. Given the trading environment in the last 12 months the group said its performance

London midday: Retail boost but miners suffer

Retail stocks are on the offensive today, but with the Eurozone situation continuing to stoke fears over global growth, miners are dragging the top share index lower. Franco-German talks regarding the Eurozone rescue fund are not going on as smoothly as some had hoped. The unexpected meeting yeste

Driver in the fast lane as margins grow

Trading in the year to 30 September has been better than expected, the construction consultancy Driver said. Turnover was in line with expectations and stronger margins resulted in underlying profit before tax that was "slightly" ahead of management's expectations, the company said. According to D

Driver returns to profit, shares jump

Shares in construction consultancy Driver raced ahead after it reported a return to profitability in the three months to 31 March. "The improved performance was principally due to an upturn in the European region across each of the service streams," the company said. The return to profitability ca