Babcock International Group PLC (BAB.L) in its Interim Management Statement for the period from 1 October 2009 said overall, trading for the group remains consistent with its expectations outlined at the time of half year results on 10 November 2009 and there has been no significant change to market conditions.
The business continues to benefit from the long-term nature of its contracts and framework agreements to provide essential engineering support for the company's customers' critical assets and infrastructures. The long-term growth prospects of the company's principal markets remain excellent and its order book remains stable at around £6 billion.
Looking ahead, the company remains confident that 2009/10 will be another year of excellent progress.
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