Driver Group plc AGM Statement (8358Y)
February 28 2013 - 2:00AM
UK Regulatory
TIDMDRV
RNS Number : 8358Y
Driver Group plc
28 February 2013
28 February 2013
Driver Group plc
("Driver" or the "Company")
AGM STATEMENT
Driver, the global consultancy to the construction and
engineering industries, is holding its Annual General Meeting later
today. At the meeting, Non-Executive Chairman, Alan McClue, will
make the following statement:
"At the time of the announcement of Driver's Preliminary
Results, I stated that our Medium Term Plan is to establish all our
key service offerings globally and we planned to extend our reach
by opening offices in Canada, Mainland Europe and Asia Pacific. We
saw continuing opportunities in our existing markets in Africa and
the Middle East as well as opportunities to continue to strengthen
our presence in the Oil & Gas sector."
"I also stated that first quarter visibility indicated a
particularly strong start to the current year."
"I am pleased to confirm that, in line with our stated plans, we
have now opened offices in Aberdeen, Scotland; Brisbane, Australia
and Munich, Germany and have secured appointments in Canada. The
Aberdeen and Brisbane offices provide direct access to significant
oil and gas projects in conjunction with our office in Houston,
Texas."
"Our operations in Africa and the Middle East continue the
momentum of the previous financial year with very strong order
books and the European Region, boosted by the successfully
completed integration of Trett, is performing at the top end of our
expectations."
Overall I am delighted that the strong start to the year has
continued into the second quarter and by the progress we are making
against our Plan. Given the strong trading of the Company and
particularly our 3 largest Regions of Europe, Middle East and
Africa, I look forward to the remainder of the year with a high
degree of optimism."
Enquiries:
Driver Group plc
David Webster, Chief Executive Tel: +44 (0) 1706 223999
Damien McDonald, Group
Finance Director
Alan McClue, Non-executive Tel: +44 (0) 7791 546798
Chairman
Charles Stanley Securities
Nominated Adviser & Broker
Marc Milmo / Carl Holmes Tel: +44 (0) 207 149 6000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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