Babcock International Group PLC (LSE:BAB)
£ 4.652 0.028 (0.61%) Market Cap: 2.35 Bil Enterprise Value: 2.78 Bil PE Ratio: 14.44 PB Ratio: 6.05 GF Score: 69/100

Preliminary 2021 Babcock International Group PLC Earnings Call Transcript

Apr 13, 2021 / 07:00AM GMT
Release Date Price: £3.19 (+31.98%)
Operator

Hello, and welcome to the Babcock International Business update. My name is Rosy, and I'll be your coordinator for today's event. Please note, this call is being recorded. (Operator Instructions)

I will now hand you over to David Lockwood, CEO, to begin today's conference. Thank you.

David C. Lockwood
Babcock International Group PLC - CEO & Director

Thank you, and good morning, everyone, and thank you for taking time to join today's call. I'm going to give you a brief overview of this morning's announcement, and then David will give you an outline of the numbers before we go to Q&A.

So I guess, back in January, we announced that we were looking at many areas of the business, starting with our strategic priorities, a new operating model to deliver those priorities and a contract profitability and balance sheet review to set the right financial baseline. Today, we're giving an early update on these areas, plus the first look at our full year results. These are being shared to give early transparency in all these key areas.

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