Defense contractor Babcock reports FY revenue growth of 7.2% year-over-year, with strong contract visibility for FY27.
Babcock International Group reported FY GAAP earnings per share of 42.10p and revenue of £5.18 billion, marking a 7.2% increase year-over-year. The company attributed the growth to strong operational performance and contract execution.
Revenue visibility remains robust, with approximately 70% of FY27 revenue already under contract as of April 1, 2026. This mirrors the contract coverage seen in the current fiscal year, supporting expectations for continued progress.
The company did not disclose immediate market reactions in its release.