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Sun June 13 2021

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QS firms running ahead of expectations

22 Jul 13 Two leading firms of quantity surveyors have given upbeat trading statements today, reporting that they are performing ahead of market expectations.

Sweett Group said that its first quarter revenues reached £19.1m, compared to £17.3m for the same period last year and its order book was up from £90m last year to £98m now.

Chief executive Dean Webster said: "We are very pleased with the progress the group is making in improving performance across all of our regions.  Our three-year strategy deployed in March 2012 is bearing fruit and we have increasing confidence in the group's prospects."

Driver Group is sounding equally confident, thanks to better than anticipated trading in Europe and the Middle East, and now expect results for the year to 30 September 2013 to be ahead of previous expectations.

Driver chief executive Dave Webster said: "I am delighted with the continuing solid growth and control of our business across the Middle East Region and the continued margin improvement in Europe as the management teams there progress towards optimum staff utilisation levels. These gains come out of the benefits we anticipated from the acquisition of Trett as we improve our client base and increase market share and we continue to look forwards with a degree of optimism."

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