QinetiQ Annual Pretax Profit Increases

QINETIQ GROUP ADR QNTQY reported an increase in its pretax profit for the full year and lifted its dividend. QinetiQ's profit before tax rose to GBP105.4 million ($163.7 million) for the year, compared to GBP84.0 million in the year-ago period. Its revenue declined 2 percent to 763.8 million. The company's board declared a dividend of 5.4 pence per share, compared to 4.6 pence per share.