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Babcock FY23 Results.pdf

Babcock-FY23-statement-20.07.23.pdf
Preview of Babcock FY23 Results
🔗 Source: babcockinternational.com
📊 Size: 568 KB
👤 Author: MACG5987
⬇️ Downloads: 67

Summary

Babcock International Group PLC's full year results for the year ended 31 March 2023 show revenue of £4,438.6m, up 8% from £4,101.8m in 2022, with underlying operating profit of £177.9m and underlying basic earnings per share of 17.7p. Excluding the £100.1m Type 31 loss, underlying operating profit was £278.0m and underlying basic earnings per share were 33.8p. Net debt decreased to £564.4m from £968.7m in 2022. The company expects continued cash-backed profitable growth and plans to reinstate a dividend in FY24, with medium-term guidance including average underlying operating cash conversion of at least 80%, underlying operating margins of at least 8%, and average annual revenue growth in the mid-single digits.

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Description

Babcock International Group PLC's full year results for the year ended 31 March 2023 show revenue of £4,438.6m, up 8% from £4,101.8m in 2022, with underlying...

Technical Information

  • File Format: PDF
  • File Size: 568 KB
  • Pages: 66
  • Language: EN
  • Author: MACG5987
  • Total Downloads: 67
  • Last Updated: 1 day ago

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