Babcock International Reports Positive Trading Update

Babcock International (GB:BAB) has released an update.

Babcock International Group PLC reports a positive start to the financial year, with trading in line with expectations and solid organic revenue growth, especially in nuclear sectors and land defense. Key developments include a joint venture for Australia’s AUKUS submarine program, the reopening of Devonport’s 9 Dock, and the extension of a contract with Poland’s PGZ SA for the Miecznik frigate program. The company’s half-year results are set to be announced on November 13, 2024.

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