Babcock profits leap to £170m
The Herald|November 15, 2024
DOCK YARD WORK IS KEY TO FIRM'S GROWING REVENUE’
WILLIAM TELFORD
Babcock profits leap to £170m

DEVONPORT dockyard operator Babcock International Group Plc has seen profits leap to nearly £170m after progress on the £1bn rebuild of the base's submarine dock.

The defence giant's newly published half-year results revealed work in Plymouth was key to its growing revenue and profits.

Figures for the six months to the end of September, showed Babcock's underlying operating profit had leapt to £168.8m from £154.4m reported in September last year, and up from £121.7m in 2022.

Revenue had gone up to £2,408.9m, from £2,177m in September 2023 and £2,144m the year before, with net debt slashed to £385.6m from £492.5m in September 2023 and £1,039m in September 2022.

この記事は The Herald の November 15, 2024 版に掲載されています。

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この記事は The Herald の November 15, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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