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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Babcock International Group Plc | LSE:BAB | London | Ordinary Share | GB0009697037 | ORD 60P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -2.50 | -0.48% | 518.00 | 517.50 | 518.50 | 525.00 | 516.00 | 522.00 | 867,347 | 15:36:07 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Engineering Services | 4.44B | -35M | -0.0692 | -74.71 | 2.61B |
From Apr 2019 to Apr 2024
TIDMBAB
RNS Number : 6936H
Babcock International Group PLC
19 November 2018
19 November 2018
Babcock International Group PLC (Babcock or the Group)
Babcock, the engineering services company, would like to provide clarification following a report by Sky News regarding exceptional items likely to be included in the Group's half year results announcement on 21 November 2018.
As indicated to the market in its most recent Trading Update of 19 September 2018, Babcock is currently undertaking a programme to strengthen the Group by exiting a number of small, low-margin businesses, including the Appledore shipyard, and is reshaping its oil and gas business. We announced at that time that we would provide an update on these activities at our half year results. Whilst the exact impact of these actions has yet to be determined by the Board, we do not expect the net cash costs to be material.
Ends
For further information please contact:
Babcock International Group PLC Simon McGough Kate Hill Director of Investor Relations Group Director of Communications Tel: +44 (0)20 3 235 5592 Tel: +44 (0)20 7355 5312 FTI Consulting Andrew Lorenz Nick Hasell Tel: +44 (0)20 3727 1340
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
MSCUWOURWSAAAUA
(END) Dow Jones Newswires
November 19, 2018 02:00 ET (07:00 GMT)
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