Canada's WSP to buy Ricardo in £281m deal
11th Jun 2025 07:36
(Sharecast News) - Engineering company Ricardo said on Wednesday that it has agreed to be bought by Canadian professional services firm WSP Global in a £281m deal.
Read moreScience Group requisitions meeting to remove Ricardo chair
1st May 2025 12:29
(Sharecast News) - Science Group announced the formal requisitioning of a general meeting of Ricardo shareholders on Thursday to remove Mark Clare as chair, citing persistent underperformance, failed strategy execution, and governance shortcomings.
Read moreRicardo set to end year in line with expectations
22nd Apr 2025 08:17
(Sharecast News) - Ricardo said in an update on Tuesday that it expects to deliver financial performance for the 2024-2025 financial year within the range of analyst expectations, supported by a high level of secured and pipeline net revenue across all business units.
Read moreScience Group further increases stake in Ricardo
4th Apr 2025 07:25
(Sharecast News) - Science Group announced on Friday that it has further increased its stake in Ricardo to 19.09%, intensifying pressure on the engineering consultancy's board following a series of scathing critiques of its governance and strategic decisions.
Read moreRicardo reiterates opposition to Science Group, backs chair
28th Mar 2025 09:10
(Sharecast News) - Ricardo insisted it was making "good progress" on Friday, as it reiterated its opposition to moves by shareholder Science Group to overhaul the board.
Read moreRicardo rejects Science Group's demands for boardroom shake-up
14th Mar 2025 15:57
(Sharecast News) - Ricardo has hit back at a list of demands by major shareholder Science Group, which called for a major shake-up of the board including the replacement of its chair, saying that they represent an "unwelcome intervention" at an important time for the consultancy.
Read moreScience Group ups Ricardo shareholding to just under 12pc
3rd Mar 2025 10:52
(Sharecast News) - Science Group announced on Monday that it has increased its shareholding in Ricardo to 7.26 million shares, representing 11.67% of the voting rights.
Read moreShore Capital upgrades Ricardo to 'hold' after sell-off
7th Feb 2025 08:27
(Sharecast News) - A huge decline in the share price of Ricardo has prompted Shore Capital to upgrade its rating on the environmental and engineering consultancy from 'sell' to 'hold'.
Read moreRicardo FY results hit by order delays, shares tumble
30th Jan 2025 08:56
(Sharecast News) - Ricardo shares tanked on Thursday as it said full-year results will be below consensus expectations due to order delays in several end markets.
Read moreRicardo takes 85pc stake in Aussie firm E3 Advisory
7th Jan 2025 10:35
(Sharecast News) - Ricardo announced the completion of its acquisition of Australian infrastructure consultancy E3 Advisory on Tuesday, a specialist in transport, clean energy, water, and mining infrastructure projects.
Read moreRicardo finalises £68m sale of defence division
2nd Jan 2025 14:31
(Sharecast News) - Engineering, environmental, and strategic consulting company Ricardo announced on Thursday that it has finalised the sale of its Ricardo Defense division.
Read moreRicardo to sell Defense business, buy 85% stake in E3 Advisory
16th Dec 2024 09:52
(Sharecast News) - Strategic, environmental, and engineering consulting firm Ricardo said on Monday that it has agreed the sale of its Defense business to Proteus Enterprises and Gladstone Investment Corporation for $85m (£67.5m).
Read moreRicardo to offload defence business
21st Oct 2024 12:42
(Sharecast News) - Ricardo announced its intention to divest its defence business on Monday, as part of its broader strategy to focus on environmental and energy transition consulting.
Read moreRicardo meets forecasts with full-year profits, but order intake slips
11th Sep 2024 10:24
(Sharecast News) - Ricardo has delivered annual results broadly in line with market forecasts, with solid growth in underlying profits, with the engineering, environmental and strategic consultancy services company expressing confidence heading into the new financial year.
Read moreRicardo ends financial year with strong momentum
31st Jul 2024 10:36
(Sharecast News) - Shares in Ricardo were advancing on Wednesday the environmental and engineering consultancy said it saw a recovery in profitability in the second half, and has entered the new financial year in a strong position.
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