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Babcock shares soar on margin upgrade in 'new era' of defence spending

By Frank Prenesti

Date: Wednesday 25 Jun 2025

(Sharecast News) - Shares in Babcock surged by 13% on Wednesday as the UK defence and nuclear engineering company said it expected to hit its underlying operating margin of 8% a year early and increased its medium-term target in a 'new era' of weapons spending amid global political instability.
The company...

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