Babcock International Group PLC (STU:BW3)
€ 5.915 0.165 (2.87%) Market Cap: 3.01 Bil Enterprise Value: 3.53 Bil PE Ratio: 14.60 PB Ratio: 6.11 GF Score: 68/100

Q1 2020 Babcock International Group PLC Trading Statement Call Transcript

Sep 25, 2019 / 07:00AM GMT
Release Date Price: €6.4 (+4.92%)
Operator

Morning, and welcome to the Babcock International 2019 September Trading Update Call. My name is Rosie, and I'll be your coordinator for today's conference. (Operator Instructions) I will now hand you over to Archie Bethel, Group Chief Executive, to begin today's conference. Thank you.

Archibald Bethel
Babcock International Group PLC - CEO & Executive Director

Good morning, and thank you for joining us for this call. We issued a short trading statement this morning. And before Franco and I take your questions, I would like to highlight just a few things.

It is only a few months since our Capital Markets Day, when we laid out our plans for the next few years. So I guess, unsurprisingly, the trading for the group is in line with our expectations. Overall, in defense, we are slightly ahead. In nuclear, we are bang in line. And in aerial emergency services, we are slightly behind. But overall, we are in line and we are maintaining our guidance for the year.

In Marine, our warship support team has had a very busy start to the year, with the

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