Babcock International Group PLC is an engineering support services company. It operates in five segments: Marine, Defence, Rail, Nuclear, Networks, and Engineering and Plant. The Marine division is its largest business representing 47% of Company’s revenue. The Company is engaged in naval support business and has a role in supporting the Royal Navy and the Ministry of Defence. The Company provides facilities management support to the Ministry of Defence. It provides outage and maintenance support for power generation and operate in the decommissioning and waste management markets. It operates in the high-voltage power transmission, mobile and fixed telecommunications and digital broadcast infrastructure markets in the United Kingdom and Ireland. The Engineering and Plant division supports Eskom, the national power supplier, and operates the Volvo franchise for construction equipment. In November 2009, the Company acquired UKAEA Ltd. from the United Kingdom Atomic Energy Authority.
Quick Financial Synopsis
BRIEF: For the fiscal year ended 31 March 2009, Babcock International Group PLC's revenues increased 22% to £1.9B. Net income from continuing operations increased 27% to £85.3M. Revenues reflect higher sales from Defence Services, Marine Services, Engineering and Plant Services & Network Business divisions of the Group. Net income also reflects an increase in operating profit margins. The Group is UK based Company & listed in LSE.
Company Address
Babcock International Group PLC
2 Cavandish Square London ENG W1G 0PX
P: +4420.72915000 F: +4420.72915055