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Babcock International Group PLC (BAB.L)

BAB.L on London Stock Exchange

849.50GBp
22 Sep 2017
Change (% chg)

5.50 (+0.65%)
Prev Close
844.00
Open
842.00
Day's High
852.00
Day's Low
834.00
Volume
1,494,761
Avg. Vol
1,788,680
52-wk High
1,097.00
52-wk Low
794.50

Latest Key Developments (Source: Significant Developments)

LMT says Sikorsky and Babcock sign 10-yr agreement for support for Babcock's S-92 helicopter fleet
Monday, 11 Jul 2016 08:22am EDT 

Lockheed Martin Corp :Sikorsky and Babcock Mission Critical Services Ltd today signed a 10-year agreement providing babcock's S-92 helicopter fleet with extended support for its aftermarket material needs.  Full Article

Babcock post 8 pct rise in FY revenue, bright outlook
Wednesday, 25 May 2016 02:13am EDT 

Babcock International Group Plc : Continuing track record of growth driven by strong operational performance - key markets remain positive . Over past year order book has been maintained at 20 billion pounds since reaching that level at end of last financial year . Mains confident in underlying performance of group and expects to achieve further good progress this year and beyond. . Total revenue for year was 4,842.1 million pounds ($7.07 billion), up 8 percent. . Visibility provided by strong order book and bidding pipeline . Full year underlying operating profit rose 4 percent to 539.7 million pounds . Recommends a 9 percent rise in final dividend per share for 2016 of 19.75 pence per share . Total dividend up 9 percent to 25.8 pence per share . Full year revenue rose 8 percent to 4.842 billion pounds . Profit before tax up 10 percent Further company coverage: [BAB.L] ($1 = 0.6845 pounds) (Reporting by UK bureau) ((elizabeth.oleary@thomsonreuters.com;)).  Full Article

Airbus says awarded 500 mln stg helicopter contract in UK
Friday, 20 May 2016 07:10am EDT 

Airbus Group : Airbus helicopters in UK has been selected by Ascent as aircraft service provider for UK’s military flying training system . Contract worth 500 million stg over 17 years, will see Airbus helicopters deliver aircraft and support solution over the course of 18 months .Says ready to start training in April 2018.  Full Article

Babcock says Ascent JV awarded contract to train UK military rotary wing pilots
Friday, 20 May 2016 06:32am EDT 

Babcock International Group Plc : UK's Ministry of Defence has awarded a contract to deliver rotary wing element of UK Military Flying Training System to ascent flight training . Total revenue value of rotary wing contract to Babcock will be around £0.4 billion. . Contract includes delivery of Airbus H135 and H145 training aircraft, and installation of new infrastructure and ground-based equipment Further company coverage: [BAB.L] ((Bengaluru Newsroom: +91 806 749 1136;)).  Full Article

Babcock says Ascent JV awarded contract to train UK military rotary wing pilots
Friday, 20 May 2016 03:06am EDT 

Babcock International Group Plc : UK's Ministry of Defence has awarded a contract to deliver rotary wing element of UK Military Flying Training System to ascent flight training . Total revenue value of rotary wing contract to Babcock will be around £0.4 billion. . Contract includes delivery of Airbus H135 and H145 training aircraft, and installation of new infrastructure and ground-based equipment Further company coverage: [BAB.L] ((Bengaluru Newsroom: +91 806 749 1136;)).  Full Article

Babcock International Group PLC announces CEO succession
Thursday, 28 Jan 2016 02:00am EST 

Babcock International Group PLC:Says Peter Rogers will retire on 31 August 2016.Says Archie Bethel will succeed Peter as Chief Executive.  Full Article

Babcock selected as preferred bidder for Royal Navy support deal

April 3 Britain's Babcock International Group Plc said it was selected as a preferred bidder for a deal worth about 360 million pounds ($451.62 million) to provide support services to Royal Navy warships over seven years.