By Reuters
Share this articleComments
LONDON (Reuters) - British engineer Babcock <BAB.L> said it expected to deliver low mid-single digit organic revenue growth and stable margins in 2018/19 after international sales and a restructuring helped the group to hit its annual targets.
The company, which provides specialist support and services to groups including Britain's Ministry of Defence, posted a 2.8 percent rise in underlying revenue to 5.4 billion pounds, in line with forecasts, while profit rose 3.6 percent to 512 million pounds.
(Reporting by Kate Holton; editing by Sarah Young)
Share this articleComments