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Babcock profits jump on global instability, govt defence demand

By Frank Prenesti

Date: Wednesday 13 Nov 2024

(Sharecast News) - UK weapons maker Babcock reported a sharp jump in half-year profits and held annual guidance as geopolitical tensions increased demands from governments for military hardware.
The company on Wednesday posted pre-tax profit of £172m in the six months to September 30, up from £136m a year earlier. Operating...

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