Babcock Share News (BAB)

Babcock wins GBP492 million contract with Australian Defence Force

(Alliance News) - Babcock International Group PLC on Friday said Babcock Australia has won a ten-year contract with the Australian Defence Force, worth around GBP492 million.

Babcock secures 10-year contract with Australian Defence Force

(Sharecast News) - Babcock International said on Friday that its Australian business has been awarded a AUD877m (circa £492m) multi-year programme to upgrade the Australian Defence Force's Defence High Frequency (HF) Communications System.

Babcock wins contract with UK Royal Navy to install new system

(Alliance News) - Babcock International Group PLC on Thursday said it has been awarded a contract from the UK Royal Navy to install and provide in-service support for Ardent Wolf.

LONDON BROKER RATINGS: Berenberg cuts Anglo American and Gem Diamonds

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

Barclays stays at 'equalweight' on Babcock, sees multiple drivers of underperformance YTD

(Sharecast News) - Analysts at Barclays reiterated their 'equalweight' recommendation on shares of aerospace, defence and nuclear engineer Babcock, but trimmed their target price to 325.0p on lower free cash flow.

LONDON BROKER RATINGS: Deutsche Bank cuts Ascential to 'hold'

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

Babcock trading in line with expectations in "dynamic" market

(Alliance News) - Babcock International Group PLC on Monday said it is trading in line with expectations for its current financial year, as geopolitical tensions following Russia's invasion of Ukraine drive up defence spending.

LONDON BRIEFING: Unilever CEO to step down; RPS backs new takeover bid

(Alliance News) - All eyes will be on the pound when traders in Europe return to desks on Monday, after the UK currency fell to an all-time low during the Asian session.

Babcock YTD trading in line with FY expectations

(Sharecast News) - Engineering services Babcock International said on Monday that trading in the first five months of the year was in line with internal expectations.

Sector movers: Homebuilders, Aerospace and Defence pace bounce

(Sharecast News) - Household Goods and Home Construction led a bounce in the UK stock market, even as investors waited on an interest rate decision from the US Federal Reserve after Wednesday's close and another from the Bank of England the next day, together with news of a partial mobilisation of Russia's armed forces.

UK shareholder meetings calendar - next 7 days

IN BRIEF: Iomart picks Babcock Non-Exec Lucy Dimes as new chair

Iomart Group PLC - Glasgow, Scotland-based managed services and cloud computing firm - Names Lucy Dimes as non-executive chair, with effect the end of firm's annual general meeting next week Tuesday. Incumbent Ian Steele has previously announced he will not stand for re-election. "Lucy is an accomplished business leader having operated in senior executive positions in FTSE 100, FTSE 250 and private equity owned companies spanning telecoms, technology, business services and financial services. Lucy has substantial experience in complex, highly regulated international markets in product innovation, market entry, scaling for growth and expansion," Iomart says. Dimes also sits on board of Babcock International Group PLC as a non-executive.

LONDON BROKER RATINGS: Goldman Sachs starts Harbour Energy at 'buy'

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

LONDON BROKER RATINGS: Macquarie ups Virgin Money; Citi cuts Centrica

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

Babcock swings to annual profit as war in Ukraine drives defence focus

(Alliance News) - Babcock International Group PLC on Thursday said it swung to an annual profit as its contract backlog grew, citing governments prioritising defence and national security in the wake of Russia's invasion of Ukraine.