Babcock swings to loss, defers dividend on Covid-19 worries

11th Jun 2020 07:43

(Sharecast News) - Defence company Babcock swung to a loss said it would defer its decision on a final dividend until there was greater visibility on the impact to performance from the Covid-19 pandemic.

Read more

Babcock wins multimillion-pound contract extension with GDEB

2nd Jun 2020 09:20

(Sharecast News) - Aerospace and defence company Babcock has scored a multimillion-pound contract extension to manufacture a further 18 tactical missile tube assemblies for General Dynamics Electric Boat.

Read more

Babcock loses appeal against €51m Italian anti-trust fine

19th May 2020 08:06

(Sharecast News) - Aerospace and defence company Babcock has lost an appeal against a €51m anti-trust fine from Italy's Competition Authority on a local subsidiary.

Read more

Babcock considers dividend after trading in line

6th Apr 2020 08:13

(Sharecast News) - Babcock International said it was considering whether to pay a final dividend as the infrastructure group reported final quarter trading in line with expectations.

Read more

Directors deals: Candy Ventures ups stake in Audioboom

12th Feb 2020 14:14

(Sharecast News) - Candy Ventures sarl made off with another batch of Audioboom shares, sending the stock up to within a whisker of their 52-week highs.

Read more

Babcock lowers FY profit guidance on oil & gas writedown

12th Feb 2020 07:02

(Sharecast News) - Engineering firm Babcock lowered its full year profit guidance range on Wednesday due to contract award delays in its aviation division and an ?85m write down on oil and gas assets.

Read more

Babcock CEO to step down

5th Feb 2020 08:02

(Sharecast News) - Babcock chief executive Archie Bethel said he had decided to retire after 16 years with the company.

Read more

Monday broker round-up

27th Jan 2020 13:23

(Sharecast News) - Babcock International Group: Peel Hunt upgrades to add with a target price of 668p.

Read more

Babcock wins naval contract worth around ?1bn

25th Nov 2019 14:22

(Sharecast News) - FTSE 250 defence firm Babcock has secured a contract to design and build the weapons handling system for Australia's new Attack class submarines.

Read more

FTSE 250 movers: Royal Mail tumbles, Direct Line climbs

21st Nov 2019 14:30

(Sharecast News) - London's FTSE 250 was down by 0.83% at 20,304.86 in afternoon trade on Thursday, with Royal Mail dragging the index lower.

Read more

Babcock backs FY expectations as H1 profit grows

20th Nov 2019 08:00

(Sharecast News) - FTSE 250 defence company Babcock reported a jump in first-half pre-tax profit on Wednesday as a solid performance from its marine business offset a weaker showing in the aviation segment.

Read more

FTSE 250 movers: Gambling stocks fall, TI Fluid Systems climbs

5th Nov 2019 14:06

(Sharecast News) - London's second-tier was 0.35% higher at 20,230.47 in afternoon trade on Tuesday, with Rank Group and William Hill leading the index lower.

Read more

Tuesday broker round-up

5th Nov 2019 11:57

(Sharecast News) - HSBC: Berenberg downgrades to sell with a target price of 490p.

Read more

Wednesday broker round-up

25th Sep 2019 12:46

(Sharecast News) - Frontier Developments: Credit Suisse initiates outperform with a target price of 1,490p.

Read more

Babcock trading in line with expectations, reiterates guidance

25th Sep 2019 08:33

(Sharecast News) - Aerospace and defence firm Babcock said on Wednesday that trading across the group had been in line with expectations, as it backed its guidance on revenues, operating profits and free cash flow.

Read more