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Can Babcock turn it around?

Support services group to issue trading update on 6 February
Thursday 01 Feb 2018 Author: David Stevenson
Week Ahead

Shares in defence contract outsourcer Babcock (BAB) have been in decline for around three years. Weighing on the stock more recently have been Brexit concerns and a reduction in the Ministry of Defence’s spending.

The company’s trading statement in September last year buoyed investors and reversed the depreciation of its share price briefly.

Investors will be hoping for good news on 6 February when the company issues its latest trading update.

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01 Feb 2018

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