Found this interview with Paul Hamer Chief Executive Officer & Sean Cummins Group Finance Director from WYG Plc.

Have a listen:

http://www.brrmedia.co.uk/event/98452/paul-hamer-chief-executive-officer--sean-cummins-group-finance-director

Shares - is expected to show a large increase in profit when reports full year results on 3 June thanks to rising operating margins, working capital efficiencies and favourable market conditions. Also should reveal plans for resumption of dividends.

WYG consortium wins major security contract

Tue, 03 June 2014


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Price: 111.50

Chg: 3.50

Chg %: 3.14%

Date: 16:36



WYG, a project management and technical consultancy, has been appointed as the key partner in a consortium that has been awarded a major new contract in Libya by the UK's Department for International Development (DFID).

Under the contract, which forms part of the UK's Security, Justice and Defence (SJD) programme in Libya, WYG will deliver the first phase of a security programme for a period of up to 34 months.

The work will culminate in the delivery of an inception report which, if accepted, is expected to lead to further work on the project, which has a total potential value of approximately £28m and would involve overseeing the training of police officers and judicial police.

Other components would include improving court administration and security, securing munitions, and weapons stockpiling and decommissioning.

Paul Hamer, Chief Executive Officer of WYG, said: "This contract win is a major achievement as it is the single largest stabilisation project in Libya tendered by DFID to date, demonstrating WYG's expertise and leadership in delivering critical, strategic programmes in fragile and conflict affected states over the past 20 years as well as its ability to create growth by working closely with globally recognized partners such as Cardno.

"It builds on our experience in delivering large scale and complex projects [...] and positions us well to continue building on our key strength in fragile states by converting our strong pipeline of opportunities."

The share price jumped 5.32% to 117.43p at the opening bell.

Final Results

RNS


RNS Number : 6514I

WYG Plc

03 June 2014








3rd June 2014



WYG plc ("WYG" or the "Group")



Final Results



A year of strong momentum and increased profitability in an improving trading environment

WYG plc, the global programme, project management and technical consultancy, announces its audited final results for the year ended 31 March 2014, highlights of which are as follows:



Financial overview:

· Revenue of £126.9m (31 March 2013: £125.7m)

· Adjusted operating profit* of £4.8m (31 March 2013: £1.5m)

· Adjusted profit before tax* of £4.2m (31 March 2013: £0.7m)

o Strong momentum during the year; second half adjusted PBT (£2.8m) double first half (£1.4m)

· Earnings per share 3.2p (31 March 2013: loss of 5.2p)

· Adjusted earnings per share* of 7.0p (31 March 2013: 1.0p)

· Resumption of dividend payments with a proposed final dividend of 0.5p (2013: nil)

· Unrestricted cash as at 31 March 2014 £12.8m (31 March 2013: £14.8m) after £1.6m investment and acquisitions



* Before separately disclosed items



Operational overview:

· UK MOD rebasing programme generated increased work and pipeline

· Work in UK planning and development disciplines gathered momentum

· Strong momentum in good quality international contract wins including £28m of contracts in Southern Africa and €8m in Western Balkans

· Investment in Upper Quartile and acquisition of Delta Partnership Solutions extends international development relationships and programme management capability across Africa

· New £15m trade finance facility with Santander UK plc agreed and operational



Current Trading & Outlook:

· Order book up 12% to £86.8m at March 2014 (March 2013: £77.6m) prior to post year end wins

· Strong contract win momentum boosting order book since year end including:

o a new major three year programme worth up to £28m secured to support the Libyan security and justice sector announced separately today

o a €6m social integration programme for 12 municipalities in Turkey

o places secured on new frameworks with NHS, DE&S and Royal Mail underpin UK pipeline

· Strong opportunities in Europe following EU agreeing new €960bn budget for 2014 to 2020

· Expect accelerated growth following investments in fragile and developing states

· Recommended return to dividend list reflects confidence in the future





Paul Hamer, Chief Executive Officer of WYG plc, commented:



"We have made considerable progress during the year, with our focus on generating quality revenues delivering a strong increase in profits and a substantial uplift in our order book.



"WYG is now in better shape than it has been for several years, with a highly differentiated consultancy offering, a financial structure which fully supports its potential, and clear momentum in its order book.



"Our key strengths in advising clients on asset creation, managing socio-economic development programmes and facilitating the restructuring of fragile states place us well to continue to convert our strong pipeline of opportunities in these areas."

MIDAS SHARE TIPS UPDATE: Hold tight as consultancy group WYG soars

By Joanne Hart, Financial Mail on Sunday

Published: 22:06, 11 October 2014 | Updated: 22:06, 11 October 2014


Consultancy group WYG is firing on all cylinders. It advises companies and governments on projects ranging from opening new supermarkets in the UK to building efficient waterways in Africa.

Midas recommended the shares in December 2012 when they were 621⁄2p and we were still optimistic last September, by which time they had climbed to 1043⁄4p. Today they are 111p and there is clear scope for further gains.

Last week, chief executive Paul Hamer told large investors that the company intends to deliver pre-tax profits of £15million for the year to March 2018, against just £4.2million in the year to last March.



Racing ahead: WYG is creating a Saudi Arabian city



Hamer’s confidence comes as WYG wins larger and longer contracts, so he is increasingly able to gauge future revenues.

One of the group’s biggest British contracts is a six year project helping the Ministry of Defence to rehouse thousands of troops who were previously based in Germany.

Overseas, WYG’s work includes collaborating with the EU to rehabilitate the former Yugoslavia, helping the Asian Development Bank in Tajikistan and creating a new city in Saudi Arabia.

Brokers forecast a 28 per cent increase in pre-tax profits to £5.4million for the year to March 2015 and a doubling of the dividend to 1p. Strong growth is predicted for the following three years, too.

Midas verdict: WYG shares were 61⁄4p in 2009, when Hamer was parachuted in to save the business. He has done an impressive job. The company is making strides here and abroad and the outlook is promising. The shares are a strong hold for existing shareholders. New investors might also choose to snap up a few.

WYG Confirm Significant Nuclear New Build Contract

RNS


RNS Number : 6883X

WYG Plc

24 November 2014




24th November 2014

WYG plc

("the Company" or "WYG")

WYG Confirm Significant Nuclear New Build Contract in Poland

WYG plc, the global programme, project management and technical consultancy, is pleased to confirm that further to the announcement made on 17th July 2014 it has now entered into a contract with Amec Foster Wheeler, which has been formally appointed by PGE EJ1, a subsidiary of Polish state-controlled Polska Grupa Energetyczna SA, to support the development of Poland's first nuclear power plant over the next 10 years.

As previously announced, the contract is expected to be worth a minimum of £6.2 million to WYG for the required scope during the next three years, rising to up to £35m if all optional work is undertaken over the 10 year period.

Under the contract, WYG will provide a broad spectrum of technical support services including contract administration, engineering support, licensing and permitting, management systems, site infrastructure, quality assurance and vendor and supply chain oversight.

Paul Hamer, Chief Executive Officer of WYG, said:

"I am delighted that we now have a firm contract in place to work together with Amec Foster Wheeler to deliver one of the most significant projects in Poland's infrastructure programme. We will be drawing on our experience built up over more than 20 years working on nuclear sites in the UK to help the Polish government achieve its long term objectives.

"The appointment is also a major advance in our aim of building a significant presence in the wider energy sector through our model of collaborative working with major, blue-chip partners."

ENDS

Half Yearly Report

RNS


RNS Number : 5330Y

WYG Plc

02 December 2014






2nd December 2014



WYG plc ("WYG" or the "Group")

Half Year Report

Strong profit and order book growth with further improvement expected in the second half of the year



WYG, the global programme, project management and technical consultancy, announces its half year results for the six months ended 30 September 2014.



Financial highlights:

Strong profit growth on revenues marginally up from second half of financial year 2014

· Revenue* of £63.2m (H1 2013: £63.9m; H2 2014: £63.0m)

· Operating profit** up 20% to £2.1m (H1 2013: £1.7m)

· Adjusted profit before tax** up 35% to £1.9m (H1 2013: £1.4m)

· Loss before tax of £0.4m (H1 2013: £0.7m)

· Adjusted** earnings per share of 2.9p (H1 2013: 1.8p)

· Resumption of interimdividend at 0.3p per Ordinary Share (2013: nil)

· Unrestricted cash after investments as at 30 September 2014 of £6.6m (H1 2013: £12.5m)



*Including share of Joint Venture revenues

**Before separately disclosed items



Operational highlights:

Strong underlying growth offset by delayed approval of EU Budget

· 13% increase in UK revenue to £40.0m driven by buoyant infrastructure and planning markets

· Strong contract wins in EEA and MENA following diversification strategy; revenue held back by EU Budget hiatus (Budget was finally approved in December 2013)

· Prior period focus on quality revenues underpinned improvement in Group profitability

· Acquisition of Alliance Environment and Planning Limited (Alliance Planning) creates one of the largest planning businesses in the UK



Post period end and Outlook:

· Trading since the half year end is in line with management's upwardly revised expectations

· Order book increased by 10% to £95.5m at 30 September 2014 (31 March 2014: £86.8m)

· Success with key clients and major frameworks underpins future revenue expectations

· Won 6 of 7 targeted major frameworks in the UK; potentially delivering over £100m of revenue over next 3-7 years

· International development opportunities have grown post period end

· €130m estimated pipeline of project opportunities in pre-accession countries following EU budget approval

· Strong pipeline across Africa following significant increases in DFID and EuropeAid budgets for the region



Paul Hamer, Chief Executive Officer of WYG, said:

"We have enjoyed a very positive first half. Building on last year's momentum, the UK has performed particularly well and we have retained or won the overwhelming majority of the key framework agreements that we have bid for, which are expected to generate a substantial proportion of our revenues over the next 2 to 3 years.

"We have also won a number of important new international contracts, significantly improved our order book, and further strengthened our business through acquisitions and investments.

"We are already seeing an acceleration of international development opportunities and the benefits of the approval of the EU Budget during the second half of the year, creating almost more opportunity than WYG can service so we continue to place a strong emphasis on the formation of strategic partnerships and identifying select acquisitions which can contribute to the Group's strategic ambitions.

"Overall, we are pleased with the improvement in profitability so far. The strong order book growth we are beginning to see allows us to be confident about WYG's long term prospects."

Strategic Review
RNS
RNS Number : 0847D
WYG Plc
26 January 2015

This is an announcement falling under Rule 2.4 of the City Code on Takeovers and Mergers (the "Takeover Code") and does not constitute an announcement of a firm intention to make an offer under Rule 2.7 of the Takeover Code. There can be no certainty that an offer will be made nor as to the terms on which any offer might be made.





FOR IMMEDIATE RELEASE



26th January 2015



WYG plc ("WYG" or the "Company")



Strategic Review







WYG, a global programme, project management and technical consultancy firm, today announces that the Board has initiated a formal review of strategic options open to the Company, with the intention of ascertaining whether there are options which could better enable WYG to take full advantage of its growth potential, to the benefit of clients, employees and shareholders.



Since its financial restructuring was completed in July 2011, WYG has implemented a strategy to refocus its operations and is now well established as a leading global consultancy with a strong International Development capability. WYG has achieved a turnaround in profitability and is now well positioned for future growth.



As can be seen from WYG's Half Year Report released on 2nd December 2014, WYG is enjoying strong growth in its project pipeline and is creating almost more opportunities than it can readily service directly using its existing model of organic growth, supplemented by smaller bolt-on acquisitions and partnerships.



Against this background, the Board of WYG recognises that this strategic review may or may not conclude that, given its current relative scale, being part of a larger business or expanding the scale of its current operating platform would provide significant advantages and better position the Company to take full advantage of its growth potential. At this stage, however, all options available to the Company are being considered.



The review will, therefore, incorporate a range of strategic options including a potential corporate transaction, such as a strategic partnership, a merger or acquisition to enhance the scale and breadth of WYG's platform, the acquisition of or subscription for the Company's securities by a third party, a sale of the Company, a new or extended bank facility or continuing to invest in expanding the business organically and through partnerships and bolt-on acquisitions.



As a consequence of this announcement, the Company is now considered to be in an "Offer Period" as defined in the Takeover Code. The dealing disclosure requirements and other provisions of the Code that now apply are listed below. A further announcement will be made as and when appropriate.