Babcock International Group PLC (LSE:BAB)
£ 4.924 -0.056 (-1.12%) Market Cap: 2.49 Bil Enterprise Value: 2.88 Bil PE Ratio: 13.13 PB Ratio: 4.84 GF Score: 65/100

Half Year 2025 Babcock International Group PLC Earnings Call Transcript

Nov 13, 2024 / 09:00AM GMT
Release Date Price: £5.14 (+2.96%)
David Lockwood
Babcock International Group PLC - Chief Executive Officer, Executive Director

All right then. So good morning, everyone. Welcome to our half-year results for the six months to September 30, 2024. Obviously, this is a result for six months, but we only stood up doing a business update 12 weeks ago for the full year. And we've had the AGM statement as well since then. So this will be kind of a comprehensive walk through the numbers from David and then a kind of what's happened since we last spoke to you from me.

For the six months, successfully delivered performance and growth. We'll touch on it quite a lot between us. But we said when we first started in Babcock, performance drives growth in a company like Babcock because we have a lot of frame contracts where customers have a lot of discretion about whether or not to take optional work. So if you're performing badly, they don't. If you're performing well, they do. Those frames then generate further growth.

So in terms of securing the position of the company performance is the bedrock of growth. So that's why those are in

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