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20 Feb 2012 07:00
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 Chairman | Tel: +44 (0) 7791 546798 |
Charles Stanley Securities Nominated Adviser & Broker | |
Marc Milmo / Carl Holmes | Tel: +44 (0) 207 149 6000 |
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