RNS Number : 5800O
Baqus Group PLC
10 March 2009
 




FOR RELEASE            7.00AM        10 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 £1.75 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 £1 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
 
 
 

RNS news service provided by Hemscott Group Limited.