REG - Babcock Intnl Group - Babcock host Cavendish Nuclear teach-in event

Babcock InternationalAnnouncement

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RNS Number : 4449J  Babcock International Group PLC  20 May 2025

20 May 2025

 

Babcock hosting teach-in on Cavendish Nuclear business

 

Babcock International Group (Babcock), the defence company, will host a
teach-in on its Cavendish Nuclear business for analysts and investors at 4pm
today (UK time).

Through our Cavendish Nuclear business, which incorporates our civil nuclear
activities, Babcock is embedded and involved in every stage of the nuclear
lifecycle, from fuel routes, new build and future generation, generation
support and decommissioning in the UK to international and defence services
markets. This teach-in will aim to showcase our leading nuclear capabilities,
the markets in which we operate and the growth opportunities ahead.

Currently representing 7% of the Group, Cavendish Nuclear delivered c.£320
million of revenue in FY25 (unaudited) and is expected to grow to c.£600
million in 2030, continuing its track record of double-digit growth and
margins, with an exciting pipeline of opportunities over the medium and
longer-term.

With opening remarks from our CEO, David Lockwood, our Nuclear CEO, Harry
Holt, will be joined by Mick Gornall, Managing Director - Cavendish Nuclear
and James Ewence, Director - Clean Energy - Cavendish Nuclear.

The event will be webcast live and subsequently available for replay. A
transcript will also be available. To watch the webcast please visit:
www.babcockinternational.com/investors/results-and-presentations/
(http://www.babcockinternational.com/investors/results-and-presentations/) .

The presentation contains no inside information and there will be no updates
on current trading provided.

ENDS

For further information:

Andrew Gollan, Director of Investor
Relations                               +44
(0)7936 039004

Kate Hill, Group Head of Financial Communications
                +44 (0)20 7355 5312

Harry Cameron, Teneo
 
                                +44 (0)20 7353
4200

 

 

 

Certain statements in this announcement are forward-looking statements. Such
statements may relate to Babcock's business, strategy and plans. Statements
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and financial effects of the plans and events described herein.
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or activities will continue in the future. Nor are they indicative of future
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and the development of the industry and markets in which Babcock operates may
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because such statements relate to events and depend on circumstances that may
or may not occur in the future. Except as required by law, Babcock is under no
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statements contained herein or to correct any inaccuracies which may become
apparent in such forward-looking statements.

 

Forward-looking statements reflect Babcock's judgement at the time of
preparation of this announcement and are not intended to give any assurance as
to future results.

 

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