Babcock half year results announced for the six months ended 30 September 2023

“We have made a strong start to the year, as we continue to build on the exciting momentum we see across the Group.  We are delivering for our customers, reducing risk and positioning for growth through a number of significant new global teaming agreements.”

“We have a clear capital allocation policy, which is providing the Group with the flexibility it needs to capture the growing number of value creation opportunities we see ahead. We are reinstating our dividend following a four-year hiatus, reflecting our confidence in the future, and our expectations for the full year remain unchanged.”

Read the full statement here and watch a video from our Chief Executive below.