18-May-2015 07:24 AM
Babcock International posts strong results for the year to the end of March with a continued delivery of growth and a strengthening platform for the future.
Revenues were up 27% at £4,503.3m while underlying operating and pre-tax profits were up by 37%
30-Mar-2015 07:42 AM
Engineering support services group Babcock has continued to make strong progress and expects full year results to be in line with its forecasts.
Babcock, will be hosting a seminar for analysts and investors this afternoon, to discuss the Mission Critical
03-Mar-2015 10:39 AM
Babcock International Group, the engineering support services company, has appointed Myles Lee as an independent non-executive director. He will take up the role at the beginning of April.
Mr Lee was chief executive officer of CRH between 2009 and 2013.
10-Feb-2015 07:35 AM
Engineering support services group Babcock International continues to experience strong demand for its services through existing contracts and bidding and business development activities remain buoyant.
The group says that following a strong performance
20-Jan-2015 10:22 AM
Babcock International Group has announced that, Cavendish Nuclear, its wholly owned subsidiary, has renewed its long-term agreements to support the operation of EDF Energy's nuclear power stations in the UK.
Cavendish Nuclear has signed a Lifetime E
17-Dec-2014 07:35 AM
Babcock has confirmed it has entered into contracts with the UK Ministry of Defence for the acquisition of the Defence Support Group and its associated service provision contract.
Through this, Babcock will exclusively provide the maintenance, repair, o
19-Nov-2014 12:57 PM
Babcock International group has announced that it has been selected by the Ministry of Defence (MoD) as preferred bidder for the acquisition of the Defence Support Group (DSG). The acquisition agreement includes a contract to provide services to the MoD
03-Oct-2014 09:33 AM
Engineering support services group Babcock will be holding a site visit for analysts and investors today to discuss the operations of Cavendish Nuclear, one of its wholly owned subsidiaries. No material new information will be disclosed as part of this
01-Oct-2014 07:59 AM
Babcock has confirmed that it has signed the maritime support delivery framework (MSDF) with the Ministry of Defence (MoD).
Working within Babcock's existing terms of business agreement (ToBA), which runs through to 2025, MSDF confirms the continu
01-Sep-2014 10:08 AM
Cavendish Fluor Partnership, a joint venture between Cavendish Nuclear, a wholly owned subsidiary of Babcock International Group PLC) and Fluor Corporation, has been formally awarded the contract to manage 12 UK nuclear sites and their respective decommis
01-Aug-2014 07:33 AM
Babcock has been awarded a new contract to supply and support training to the Armed Forces. The contract will be in support of training at the Defence College of Technical Training and be located at their following Schools:
· The Defence School of
29-Jul-2014 09:37 AM
Engineering support services company Babcock has announced board changes that will take effect from 1 August.
Bill Tame, who has been group finance director since January 2002, has been appointed as chief executive of the group's enlarged internati
21-Jul-2014 07:46 AM
Engineering support services group Babcock's board remains confident of continued strong progress during this year.
Babcock says that across all its businesses, the 2014-15 financial year has started well.
It says activity levels remain high and
30-Jun-2014 01:44 PM
Babcock, through Avincis, has completed the acquisition of 84.6% of Scandinavian Air Ambulance Holding AB for a cash consideration of SKr206m and acquired net debt of SKr484m.
SAA provides emergency medical services in Sweden and Finland from 12 per
25-Jun-2014 08:11 AM
A joint venture led by Babcock International subsidiary Cavendish Nuclear with partner Balfour Beatty, has been instructed to construct a major new decommissioning support facility at Sellafield.
Phase 3 of the Silos' Maintenance Facility contract w
19-May-2014 07:27 AM
Infrastructure group Babcock International said today that total revenue for the year to end-March was £3.547bn which represents growth of 9%.
Adjusting for movements in foreign exchange growth was 11% (2013: 7%)
Underlying operating profit increased
16-May-2014 11:31 AM
Babcock International Group has completed the acquisition of Avincis, a provider of helicopter and fixed wing services in mission critical operations such as medical, search and rescue, fire-fighting and civil protection in Europe.
It is also a leading s
01-Apr-2014 07:42 AM
Babcock has been named as the preferred bidder on a 21-year contract to manage London Fire Brigade's vehicle fleet.
This follows the successful delivery of an interim fleet management contract awarded to Babcock by LFEPA in November 2012. Followi
31-Mar-2014 10:46 AM
Babcock International Group, the engineering support services company, has announced that the Nuclear Decommissioning Authority (NDA) has selected the Cavendish Fluor Partnership as the preferred bidder in the competition to take ownership of Magnox and R
27-Mar-2014 07:42 AM
Engineering support services group Babcock International has agreed to acquire Avincis for £920m from World Helicopters.
Babcock will also assume Avincis's net debt of £705m.
The acquisition will be funded through a fully underwritten rights is
21-Mar-2014 10:13 AM
Babcock (LON:BAB) announces that Justin Crookenden, a non-executive director, who joined the Company's Board in December 2005, intends to retire from the board on 30 November 2014, by which date he will have served as a non-executive director for nin
12-Feb-2014 10:06 AM
Babcock International Group, the engineering support services organisation, has reported that its joint venture (jv), ABC Electrification, has been appointed by Network Rail as one of four suppliers to deliver a £2bn programme to electrify more than two
11-Feb-2014 07:46 AM
Engineering support services company Babcock International reports strong growth in revenue and earnings in the financial year to date.
And it says the board is confident that the group will continue to make further strong progress this year, in line wi
11-Feb-2014 07:07 AM
Engineering group Babcock International said it continues to experience positive market conditions across its business units in the UK and overseas.
The general economic climate continues to drive both public and private sector customers to consider ne
17-Dec-2013 07:21 AM
Babcock International has acquired Context Information Security (ContextIS) for £28m plus deferred consideration of £4m payable in 2016. The acquisition will complete immediately.
ContextIS, based in London, with offices in Germany and Australia, pr