Babcock International Group Plc. (BAB.L) said, in a pre-close trading update, that the Group traded well throughout financial year ended 31 March 2013. The company said that the full year financial results will be in line with its previous expectations and will show strong progress on the previous year. Net debt will be approaching 1.5 times ebitda at the year end.
The company said that it will release its full year results on Tuesday 14 May 2013.
The order book has remained stable at about12 billion pounds.
"The scale of our order book continues to provide excellent visibility of future revenue streams across the Group. This position is further strengthened by the medium to long-term growth opportunities which continue to flow into tracking and then into the bid pipeline," the company said.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.