Babcock International Group PLC Trading Statement Call Transcript
Hello and welcome to the Babcock International February Trading Update Call. My name is Courtney, and I'll be your coordinator for today's event. Please note that this conference is being recorded. (Operator Instructions)
And I will now hand you over to your host, Archie Bethel, Chief Executive Officer, to begin today's conference. Thank you.
Good morning, and thank you for joining the call this morning. You have seen our trading update statement we issued earlier this morning and for the first 9 months of the year. And Franco and I will take questions on the statement. But before doing that, I'd like to highlight a few things.
It's been a frustrating third quarter. On one hand, we've seen across Marine, Nuclear, Land and most of Aviation trading performance pretty much in line with or slightly ahead of expectations. Whilst on the other hand, we have seen our oil and gas market trend downwards again.
In the trading statement, we've updated detailed
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