Babcock turnover tops £4.5bn

24 May 15:00 by Martin Milsom



Turnover and pre-tax profit have grown at Babcock International, which has significant operations in the South West, with the company maintaining its "strong track record of growth".

According to its results for the year ended 31 March 2017, the listed company recorded statutory revenue of £4.55bn, up from £4.16bn in 2015/16. Pre-tax profit increased to £362.1m from £330.1m.

Babcock also had a £19bn order book and £10.5bn pipeline at the end of the period.

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