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BAB - Babcock International News Story

217.8p -4.9  -2.2%

Last Trade - 18/09/20

Mid Cap
Market Cap £1.10bn
Enterprise Value £2.89bn
Revenue £4.45bn
Position in Universe 362nd / 1807

Babcock says on track to achieve full-year targets

Tue 28th February, 2017 7:17am
Feb 28 (Reuters) - Babcock International  BAB.L  remains on 
track to achieve its full-year targets, the British engineering 
support and outsourcing company said on Tuesday, noting that 
order intake remained strong. 
    The company, whose biggest client is the UK Ministry of 
Defence, said it had entered the fourth quarter with its order 
book and bid pipeline maintained at its half-year level of 30.8 
billion pounds ($38.3 billion).*:nRSb9859Xa 
    "The second half of the year has continued to see trading in 
line with our expectations... and the board continues to expect 
good opportunities for growth," Babcock said in statement. 
    ($1 = 0.8050 pounds) 
 (Reporting by Esha Vaish in Bengaluru; editing by Jason Neely) 
 ((; +44 20 7542 1810; Reuters 
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