Shares in defence and nuclear contractor Babcock International (LON:BAB) sank 7% despite the firm reiterating its medium-term outlook and announcing a share buyback. Today’s drop takes the year-to-date decline to over 20% compared with a 9% gain for the UK Aerospace & Defence index. Good underlying growth Babcock presented its outlook for FY27 and the … Continue reading Babcock shares sink despite outlook and buyback