Notice of Results
10 Marzo 2009 - 1:01AM
UK Regulatory
TIDMBQS
RNS Number : 5800O
Baqus Group PLC
10 March 2009
FOR RELEASE7.00AM10 March 2009
BAQUS GROUP PLC
("Baqus" or "the Group")
NOTICE OF INTERIM RESULTS
Baqus, the national building and quantity surveying consultancy group, will
announce its interim results for the six months ended 31 December 2008 on
Monday, 23 March 2009.
For further information, please contact:
Cubitt Consulting 020 7367 5100
Brian Coleman-Smith / James Verstringhe / Nicola Krafft
Seymour Pierce Limited 020 7107 8000
Mark Percy
Background Note:
Baqus was admitted to trading on AIM on the 14 December 2007, having raised
GBP1.75 million through a placing of 17,500,000 Ordinary Shares.
Baqus is a national building consultancy and quantity surveying group offering
construction cost consultancy, project management and building surveying
services to clients in the UK. The Group works across a number of business
sectors including: health, education, leisure, hospitality, affordable housing,
residential, commercial and conservation. Clients include local authorities,
central government, NHS, residential Housing Associations, commercial companies
and developers.
The Quantity Surveying Market in the UK, estimated to be worth in excess of GBP1
billion, is highly fragmented and dominated by a small number of major players,
which the Baqus Group Directors believe make it ripe for consolidation. Since
the Group's admission to AIM, they have been pursuing a strategy of acquiring
small to medium sized Quantity Surveying practices across the country, having so
far successfully boosted Baqus's share of the education and public sector market
through the acquisition of Sworn King and Partners and also signed a share
option agreement with Liverpool based transport and infrastructure specialist,
Brian Hannaby & Associates. Once acquired, the practices are incorporated into
the wider Group with a particular emphasis on exploiting opportunities for
operational synergies with existing business units.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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