Driver Group to beat full-year expectations

Driver Group, a global construction consultancy, rose following an announcement that it expects to 'exceed management's expectations' for the year to September 30th.

Driver Group, a global construction consultancy, rose following an announcement that it expects to 'exceed management's expectations' for the year to September 30th.

In a pre-close trading update, the AIM-listed company explained that its Middle East and Africa businesses continue to trade ahead of management's forecasts, finishing the year strongly with good forward order books for the new financial year.

Driver also revealed that it was very pleased with the integration of Trett Consulting, purchased in May for £3m, which is now complete.

Consensus expectations for the full year, ended September 30th, were for pre-tax profits of £1.6m on turnover of £24.7m, with earnings per share of 5.08p.

CM

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