Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. Viewhere

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWYG Regulatory News (WYG)

  • There is currently no data for WYG

Pre-Close Trading Update

3 Sep 2013 07:00

RNS Number : 0549N
WYG Plc
03 September 2013
 



3 September 2013

WYG plc

Trading Update & Notice of Results

WYG plc ("WYG" or the "Company" or the "Group"), the global management and technical consultancy to the built and natural environment, today provides an update on trading for the six months ending 30 September 2013. The Group's Annual General Meeting will take place on 25 September and its half year results are expected to be announced on 2 December 2013.

 

In June we reported that our focus had moved towards driving sustainable growth and today we can announce that we have seen a number of positive developments in the delivery of this strategy. In the UK, we have secured additional business across our core sectors of Defence and Urban Development including several projects related to the MoD's Base Optimisation programme and the Group is winning increased levels of planning and enabling work associated with the widely reported increase in activity in the construction and house building sector.

 

Overseas, we have been awarded new commissions in our key growth area of supporting stabilisation in Fragile and Conflict Affected States and, in addition to our successes in Southern Africa reported on 30 July, we have also secured new contracts in Bulgaria, Uzbekistan and the Western Balkans, notably a large scale project to advise SMEs in Croatia.

 

As a result of this increased activity, revenues to date have shown a modest increase compared with the same period last year, reversing the negative trend of recent years.

 

The Board stated in June that it anticipated that the profit outturn for the current year would be higher than market expectations at that time. In light of the positive recent trading, the Board is now pleased to confirm that it expects the outturn to further exceed those expectations.

 

Paul Hamer, Chief Executive Officer of WYG plc, said:

 

"We have had a good, strong start to the year, with encouraging progress in both our UK and overseas markets.

 

"Looking ahead, we are beginning to see signs that the UK government's investment in major infrastructure projects and its encouragement of the house building sector are having a positive effect on our core, front-end disciplines of planning and development. Overseas, we continue to build on our strong market position and maintain our focus on partnering to access new and emerging markets. Our strong track record in executing quality projects underpins our strategy of creating growth and becoming a global group."

 

ENDS

 

WYG plc Tel: 0113 278 7111

Paul Hamer, Chief Executive Officer

Sean Cummins, Group Finance Director

 

MHP Communications Tel: 020 3128 8100

John Olsen / Katie Hunt / James White / Vicky Watkins

 

Numis Securities Limited Tel: 020 7260 1000

Stuart Skinner/ Jamie Lillywhite (Nominated Adviser)

David Poutney/ Ben Stoop (Corporate Broker)

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTUUUNROUAKRAR
Date   Source Headline
19th Nov 20085:21 pmRNSShare Incentive Plan
14th Nov 20084:08 pmRNSLong Term Incentive Plan
13th Nov 200812:07 pmRNSDirector/PDMR Shareholding
13th Nov 20087:00 amRNSInterim Management Statement
10th Nov 20082:33 pmRNSNotice of AGM
5th Nov 20087:00 amRNSBoard Update
3rd Nov 20089:54 amRNSVoting Rights & Capital
21st Oct 20084:23 pmRNSDirector/PDMR Shareholding
10th Oct 20084:51 pmRNSSecond Price Monitoring Extn
10th Oct 20084:39 pmRNSPrice Monitoring Extension
6th Oct 20085:12 pmRNSAdditional Listing
22nd Sep 20083:55 pmRNSShare Incentive Plan
15th Sep 20089:00 amRNSContract Win
15th Sep 20087:00 amRNSPreliminary Results
9th Sep 200811:59 amRNSHolding(s) in Company
19th Aug 200811:14 amRNSDirector/PDMR Shareholding
14th Aug 200811:40 amBUSEPT Disclosure
13th Aug 200812:40 pmRNSOffer Talks Terminated
13th Aug 200811:45 amBUSEPT Disclosure
8th Aug 200810:46 amBUSEPT Disclosure
7th Aug 200811:44 amBUSEPT Disclosure
6th Aug 20084:26 pmRNSRule 8.3- (White Young Green)
30th Jul 20082:36 pmRNSRule 8.3- White Young Green P
30th Jul 20081:41 pmRNSRule 8.3- White Young Green
30th Jul 200810:18 amBUSEPT Disclosure
25th Jul 200810:28 amBUSEPT Disclosure
23rd Jul 200811:44 amBUSEPT Disclosure
22nd Jul 200812:06 pmBUSEPT Disclosure
21st Jul 200812:05 pmBUSEPT Disclosure
21st Jul 200810:46 amRNSDirector/PDMR Shareholding
18th Jul 20081:31 pmBUSRule 8.3 - White Young Green
18th Jul 200812:12 pmBUSEPT Disclosure
17th Jul 20083:18 pmRNSRule 8.3- White Young Green P
17th Jul 20081:16 pmBUSEPT Disclosure
16th Jul 200811:45 amBUSEPT Disclosure
14th Jul 200812:10 pmBUSEPT Disclosure
11th Jul 20083:12 pmRNSRule 8.3- White Young Green P
11th Jul 200812:14 pmBUSEPT Disclosure
10th Jul 200811:48 amBUSEPT Disclosure
9th Jul 20082:33 pmRNSRule 8.3- White Young Green P
9th Jul 200811:53 amBUSEPT Disclosure
8th Jul 200811:47 amBUSEPT Disclosure
4th Jul 20081:05 pmBUSEPT Disclosure
3rd Jul 200812:12 pmBUSEPT Disclosure
3rd Jul 20087:00 amRNSPre-Close Statement
2nd Jul 200812:14 pmBUSEPT Disclosure
1st Jul 200810:18 amRNSAppointment
30th Jun 20083:18 pmRNSRule 8.3- WHITE YOUNG GREEN P
30th Jun 200811:51 amBUSEPT Disclosure
27th Jun 20081:54 pmRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.