ALL12 May 2009 14:45
VT's Services Operations Trading In Line With Views, Order Book +12%
By Lilly Vitorovich
Of DOW JONES NEWSWIRES
LONDON -(Dow Jones)- Defense company VT Group PLC (VTG.LN) said Monday that its Services operations continue to trade in line with the board's expectations, with its order book up an annual 12% to around GBP4.6 billion at end-March, giving the company a high level of long-term revenue visibility.
Despite the economic downturn, the Services businesses "continue to show good growth," said Chief Executive Paul Lester.