Babcock Share News (BAB)

Babcock annual profit hit with UK Ministry of Defence contract dispute

(Alliance News) - Babcock International Group PLC on Thursday said its annual profit dropped following a dispute over its frigates contract with the UK Ministry of Defence.

LONDON MARKET OPEN: FTSE 100 continues climb, aided by mining stocks

(Alliance News) - Stock prices in London opened mostly higher on Thursday, with the FTSE 100 boosted by a strong performance in mining stocks.

Shares in Babcock spark despite profits hit

(Sharecast News) - Babcock International Group reported a jump in annual revenues on Thursday and said it had made "excellent" progress, despite seeing profits slide.

LONDON BRIEFING: Babcock profit hit by contract; new CEO at IDS

(Alliance News) - Stocks in London are expected to edge lower on Thursday, after Wednesday's outperformance following the cooler-than-expected UK inflation data.

UK earnings, trading statements calendar - next 7 days

Babcock signs contract for multi-year refit of UK nuclear submarine

(Alliance News) - Babcock International Group PLC on Thursday said it has signed an initial contract with the UK Submarine Delivery Agency for the multi-year refit of nuclear submarine HMS Victorious.

Babcock wins £50m contract to support Ukraine military

(Sharecast News) - Babcock said on Wednesday that it has been awarded a £50m contract by the UK Ministry of Defence to support urgent operational requirements for Ukraine's military land assets.

Babcock wins GBP50 million contract with UK Ministry of Defence

(Alliance News) - Babcock International Group PLC on Wednesday said it has been awarded a contract by the UK Ministry of Defence to support operational requirements for Ukraine's military land assets as part of the UK's support for the country.

UK awards Babcock $65 mln contract for Ukrainian military support

LONDON, July 12 (Reuters) - Britain has awarded defence firm Babcock International a contract worth 50 million pounds ($64.6 million) to provide operational support for armoured vehicles given to Ukraine, such as Challenger 2 tanks.

IN BRIEF: Babcock says full-year still in-line with April guidance

Babcock International Group PLC - London-based aerospace, defence and nuclear engineering services company - Says it expects to announce full-year results in-line with the guidance provided in its post close update back in April.

Broker tips: Dr Martens, Hollywood Bowl, Babcock

(Sharecast News) - RBC Capital Markets downgraded shares of iconic bootmaker Dr Martens on Tuesday to 'sector perform' from 'outperform' and slashed the price target to 180p from 230p as it said FY24 guidance may prove too optimistic.

Jefferies reiterates 'buy' rating on Babcock

(Sharecast News) - Jefferies reiterated its 'buy' rating on Babcock on Tuesday and lifted the price target to 460p from 450p as it assumed coverage of the shares and took the opportunity "to revisit the case and provide an update on the Type 31 situation".

LONDON BROKER RATINGS: RBC cuts Dr Martens to 'sector perform'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

LONDON BROKER RATINGS: HSBC raises Rightmove to 'buy' from 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Babcock begins cost dispute over UK Ministry of Defence contract

(Alliance News) - Babcock International Group PLC on Thursday said it has begun a dispute resolution process regarding its Type 31 contact with the UK Ministry of Defence.