Babcock International Group PLC Interim Management Statement (0631J)
2013年7月11日 - 3:00PM
RNSを含む英国規制内ニュース (英語)
TIDMBAB
RNS Number : 0631J
Babcock International Group PLC
11 July 2013
11 July 2013
Babcock International Group PLC
Interim Management Statement
Prior to today's Annual General Meeting, Babcock International
Group PLC (Babcock or the Group), the UK's leading engineering
support services company, is issuing the following Interim
Management Statement for the period from 1 April 2013.
The 2013/14 financial year has started well and is in line with
our expectations set out at the time of our full year results
announcement on 14 May 2013. During the first quarter, business
units across the Group traded strongly, maintaining the high
activity levels experienced in the previous period. The general
economic climate and financial constraints being experienced by
many of our customers continue to ensure positive market conditions
for our businesses.
The Group's financial position remains robust and cash
generation across the Group has remained strong through the
period.
Since the results announcement in May, the order book has
remained stable at around GBP12 billion and continues to provide
excellent visibility of future revenues, supporting our positive
outlook for this year. We currently have around 80% of the Group's
anticipated revenue for the 2013/14 financial year contracted.
The bid pipeline has also remained stable at GBP15.5 billion.
The bids currently being progressed in the pipeline, along with the
significant opportunities still being tracked, will be the key
drivers of growth over the next few years.
Outlook
Our markets remain positive as the current economic environment
continues to create new long-term outsourcing opportunities.
Against this backdrop we are well positioned to benefit through our
business model, the scale of our operations, the depth and breadth
of our experience and our track record of delivering operational
and financial efficiencies for our customers.
With excellent visibility of future revenue from the strong
order book and bid pipeline, the Board is confident that the Group
will continue to make further strong progress and that results for
the 2013/14 financial year will be in line with its
expectations.
Enquiries
Babcock International Group PLC 020 7355 5300
Bill Tame - Finance Director
Terri Wright - Head of Investor Relations
FTI Consulting 020 7269 7291
Andrew Lorenz
Nick Hasell
This information is provided by RNS
The company news service from the London Stock Exchange
END
IMSZMGMNNGKGFZM
Babcock (LSE:BAB)
過去 株価チャート
から 6 2024 まで 7 2024
Babcock (LSE:BAB)
過去 株価チャート
から 7 2023 まで 7 2024