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

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
7th Jun 201810:49 amRNSDirector/PDMR Shareholding
5th Jun 20187:00 amRNSFinal Results
20th Apr 20187:00 amRNSHolding(s) in Company
19th Apr 20188:57 amRNSHolding(s) in Company
9th Apr 20188:25 amRNSDirector/PDMR Shareholding
6th Apr 20185:19 pmRNSDirector/PDMR Shareholding
28th Mar 20187:00 amRNSTrading Update and Notice of Results
3rd Jan 20184:29 pmRNSDirector/PDMR Shareholding
2nd Jan 20184:31 pmRNSDirector/PDMR Shareholding
2nd Jan 201811:02 amRNSUpdate on cash receipts
21st Dec 20173:56 pmRNSHolding(s) in Company
5th Dec 20177:00 amRNSAppointment of Non-Executive Director
5th Dec 20177:00 amRNSHalf-year Report
28th Nov 20172:56 pmRNSHolding(s) in Company
24th Nov 20177:00 amRNSTrading Update
7th Nov 201710:56 amRNSHolding(s) in Company
27th Oct 20173:09 pmRNSDirector/PDMR Shareholding
10th Oct 20174:58 pmRNSDirector/PDMR Shareholding
26th Sep 20175:19 pmRNSHolding(s) in Company
26th Sep 20171:06 pmRNSPDMR Shareholding
25th Sep 20172:53 pmRNSTotal Voting Rights
21st Sep 20171:12 pmRNSResult of AGM
20th Sep 201712:15 pmRNSHolding(s) in Company
7th Sep 20179:20 amRNSPDMR Shareholding
6th Sep 201712:24 pmRNSHolding(s) in Company
25th Aug 20177:00 amRNSTrading Update and Notice of Results
19th Jul 20177:00 amRNSPublication of Annual Report and Accounts
7th Jul 20173:46 pmRNSGrant of Share Options
6th Jul 20176:04 pmRNSPDMR Shareholding
8th Jun 201711:53 amRNSDirector/PDMR Shareholding
7th Jun 20174:18 pmRNSDirector/PDMR Shareholding
6th Jun 20177:00 amRNSDirectorate Change
6th Jun 20177:00 amRNSFinal Results
2nd Jun 20177:00 amRNSContract Win
25th Apr 20175:22 pmRNSHolding(s) in Company
7th Apr 201712:28 pmRNSDirector/PDMR Shareholding
4th Apr 201710:00 amRNSNotification of Major Interest in Shares
4th Apr 201710:00 amRNSNotification of Major Interest in Shares
31st Mar 201712:37 pmRNSExercise of Share Options & Total Voting Rights
23rd Mar 20177:00 amRNSTrading Update and Notice of Results
9th Mar 20174:34 pmRNSNotification of Major Interest in Shares
27th Feb 20172:15 pmRNSHolding(s) in Company
30th Jan 20171:08 pmRNSNotification of Major Interest in Shares
30th Jan 20177:00 amRNSDirectorate Change
26th Jan 20177:00 amRNSEU-financed Contract Wins
24th Jan 201711:31 amRNSNotification of Major Interest in Shares
24th Jan 201711:23 amRNSTotal Voting Rights
9th Jan 201710:07 amRNSNotification of Major Interest in Shares
5th Jan 20175:02 pmRNSNotification of Major Interest in Shares
9th Dec 20163:12 pmRNSDirector/PDMR Shareholding

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.