Latest news for Babcock Intl Gr (OTC:BCKIY) Stock

Babcock Intl Gr

Babcock International Group PLC is a British engineering company specializing in the construction and decommissions of nuclear power plants and submarines; maintenance support; fleet management for aviation, marine, and land; and provision of technical training and emergency services. The company's operating segments include Marine, Land, Aviation, and Nuclear. It generates maximum revenue from the Nuclear segment which is engaged in providing engineering support to the United Kingdom's nuclear submarine fleet, decommissioning nuclear facilities, supporting nuclear generation, and new build projects. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in the Rest of Europe, Africa, North America, Australasia, and the Rest of the World.

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Babcock International Group PLC (OTC: <a class="ticker" href="/stock/bckiy#OTC">BCKIY</a>) reported a gain in its profit for the six months ended September 30.

Babcock posted a net profit of 114.1 million pounds ($178.5 million), up from GBP91.6 million, in the year-ago period.

Its revenue jumped to GBP1.94 billion from GBP1.58 billion.

Its first-half profit before tax jumped to 137.0 million pounds versus 105.9 million, while underlying profit before tax climbed to 187.0 million pounds from 141.7 million pounds.

Babcock's earnings per share rose to 23.6 pence from 22.4 pence.

Babcock also lifted its dividend to 5.5 pence versus 5 pence in the prior year.

Babcock also reaffirmed its profit outlook for the full year.


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Thursday, November 20, 2014

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