QinetiQ Posts Rise In FY Profit, Raises Dividend

QinetiQ Group Plc QNTQY posted a 3% increase in its full-year profit. QinetiQ's underlying pretax profit for the period climbed to 118.3 million pounds ($185.9 million). Its sales dropped 11% to 1.47 billion pounds. QinetiQ lifted its final dividend to 2 pence per share, versus 1.60 pence per share, in the year-ago period.