Babcock International Group (BAB)

Sector:

Defense and Aeronautics

Index:

FTSE 250

519.00p
   
  • Change Today:
      6.50p
  • 52 Week High: 533.00
  • 52 Week Low: 269.00
  • Currency: UK Pounds
  • Shares Issued: 505.60m
  • Volume: 414,029
  • Market Cap: £2,624.05m
  • RiskGrade: 290

Babcock revenues rise as Frazer-Nash sale completed

By Frank Prenesti

Date: Thursday 21 Oct 2021

LONDON (ShareCast) - (Sharecast News) - British defence company Babcock International maintained annual guidance as it reported a rise in first half revenues.
The engineering firm said revenue rose to £2.23bn in the six months to September 30 from £2.11bn. Underlying operating profit fell to £115m from £143.1m a year ago.

Babcock also said it had completed the sale its Frazer-Nash marine consultancy to KBR for £293m in cash as part of its portfolio realignment to generate at least £400m to bolster its balance sheet.

Babcock said that trading in the first half was in line with expectations and its full year outlook remained unchanged.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BAB Market Data

Currency UK Pounds
Share Price 519.00p
Change Today 6.50p
% Change 1.27 %
52 Week High 533.00
52 Week Low 269.00
Volume 414,029
Shares Issued 505.60m
Market Cap £2,624.05m
RiskGrade 290

BAB Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
43.33% below the market average43.33% below the market average43.33% below the market average43.33% below the market average43.33% below the market average
40% below the sector average40% below the sector average40% below the sector average40% below the sector average40% below the sector average
Price Trend
92.43% above the market average92.43% above the market average92.43% above the market average92.43% above the market average92.43% above the market average
63.64% above the sector average63.64% above the sector average63.64% above the sector average63.64% above the sector average63.64% above the sector average
Income
58.34% below the market average58.34% below the market average58.34% below the market average58.34% below the market average58.34% below the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Growth
96.03% below the market average96.03% below the market average96.03% below the market average96.03% below the market average96.03% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 6
Buy 3
Neutral 1
Sell 0
Strong Sell 0
Total 10
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BAB Dividends

  Latest Previous
  Interim Interim
Ex-Div 23-Nov-23 05-Dec-19
Paid 19-Jan-24 17-Jan-20
Amount 1.70p 7.20p

Trades for 24-Apr-2024

Time Volume / Share Price
10:25 100,000 @ 519.00p
10:24 1,386 @ 518.90p
10:15 78 @ 519.00p
10:13 1 @ 518.00p
10:12 320 @ 519.00p

BAB Key Personnel

Chair Ruth Cairnie
CEO David Lockwood
CFO David Mellors

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