Bernard Horn Comments on Babcock International

Guru stock highlight

Jan 22, 2020

In industrials, Babcock International (LSE:BAB, Financial) had a tangential bump after the U.K. elections, but rose markedly on earnings news. Babcock confirmed full year guidance, pointing to a strong order book that included a new $1.6 billion ship building contract with the U.K. Ministry of Defense.

From Bernard Horn (Trades, Portfolio)'s Polaris Global Value Fund fourth-quarter 2019 shareholder letter.

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