Babcock International Group PLC (STU:BW3)
€ 6.305 -0.05 (-0.79%) Market Cap: 3.24 Bil Enterprise Value: 3.80 Bil PE Ratio: 87.90 PB Ratio: 7.97 GF Score: 56/100

Babcock International Group PLC Trading Statement Call Transcript

Feb 26, 2019 / 08:00AM GMT
Operator

Ladies and gentlemen, welcome to the Babcock International trading update call. My name is Hailey, and I will be the operator for your call this morning. (Operator Instructions)

I will now hand you over to Chief Executive, Archibald Bethel. Please go ahead.

Archibald Bethel
Babcock International Group PLC - CEO & Executive Director

Good morning, and welcome all on the call. As usual, I'm supported this morning by our Financial Director, Franco Martinelli, who will kind of help me answer your questions.

We did issue a trading update this morning. And before going to the questions, I would like to highlight a few key performance updates.

Firstly, trading performance this year. I mean, generally, across our key markets of defense, aviation and nuclear, we have performed in line with our half year guidance, and I'm happy to confirm that in terms of the fundamental important areas of underlying profit margins and earnings, net debt reduction, new order intake and order book evolution, the group is trading in line with or ahead of

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