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Driver Group

  • BY: Andrew Hore |
  • POSTED: 20/10/2011 |

Construction disputes consultancy Driver Group says that trading has been slightly ahead of expectations in the year to September 2011.

Revenues are as expected, while margins have strengthened. There was net cash in the bank at the end of September 2011.

The UK business is strong in the infrastructure and industrial sectors. There are still project opportunities in Oman and Qatar and there are dispute opportunities in the UAE but other Middle East markets are weak. Longer-term, Africa has significant potential.

The full year figures will be published in mid-January.

At 25p a share, Driver is valued at £6.59m.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFOctober2011_25.pdf

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