Babcock confirms FY guidance

FTSE 100 defence group Babcock International (BAB) reported positive Q3 trading and maintained its FY guidance. After their recent strong performance, however, the shares trod water on the announcement. Share price: £14.61 (-0.2%) PE: 24.8x Market Cap: £7.3bn Yield: 0.6% POSITIVE MOMENTUM The defence group operates in the aviation, land and marine sectors as well … Continue reading Babcock confirms FY guidance