Babcock’s preliminary results for the year ended 31 March 2025 have been released today. The company’s strong financial performance has enabled it to upgrade its medium-term guidance, increase its dividend and launch a £200 million buyback programme for the first time in the company’s history.
David Lockwood, Chief Executive Officer, said: “This is a new era for defence. There is increasing recognition of the need to invest in defence capability and energy security, both to safeguard populations and to drive economic growth. Our specialist capabilities are increasingly relevant and, with a growing set of opportunities before us, Babcock is committed to play its part in driving prosperity alongside its customers.”
You can view the full statement here and watch a video from our Chief Executive below.