Hyder slides on profit warning
Hyder Consulting’s share price plummeted over 28 per cent yesterday, after the engineering consultancy warned that full-year results would fall short of market expectations due to delays in new contract awards in Australia, as well as project delays in the Middle East. But the London-listed firm, which worked on the London Bridge station refurbishment, said that the trading performance in the UK is “encouraging” and would be ahead of the previous year.