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QinetiQ's shares plummet 20% after revenue warnings and a £140m impairment charge.
Defence firm QinetiQ saw its shares drop 20% after warning of lower revenue and profits, due to a £140m impairment charge on its US business and contract delays in both the UK and US.
The company forecast an organic revenue growth of 2% for the year, with sales growth of 3-5% in 2026.
QinetiQ also announced a £200m share buyback programme over the next two years.
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Las acciones de QinetiQ cayeron un 20% después de las advertencias de ingresos y un cargo por deterioro de £140m.