Babcock International Group(BAB)

Sector:

Support Services

Index:

FTSE 250

Market Cap

£1,132.28m

Change Today

Price Down-15.00p

Share Price

493.50p

MoD confirms order for carriers

Date: Tuesday 20 May 2008

LONDON (ShareCast) - BAE Systems and VT Group have been confirmed the builders of two new aircraft carriers for the Royal Navy.

The two warships, to be named HMS Queen Elizabeth and HMS Prince of Wales will be built by a consortium of the two companies, French group Thales and Babcock at Portsmouth, Barrow-in-Furness, Glasgow and Rosyth safeguarding up to 10,000 jobs.

The ships and their aircraft would "transform the UK's defence capabilities when they enter service, delivering air power in support of the full range of future operations at sea, in the air and on land,", said First Sea Lord and Chief of the Naval Staff, Admiral Sir Jonathon Band.

Babcock anticipates that the CVF contract will be worth some £600m to it through the duration of the programme until 2015. The 65,000-tonne ships are due to be delivered between 2014 and 2016.



Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BAB Market Data

Currency UK Pounds
Share Price 493.50p Price Down
Change Today -15.00p
52 Week High 647.50
52 Week Low 484.00
Volume 196,466
Shares Issued 229.44m
Market Cap £1,132.28m
Beta 0.80
RiskGrade 228

Performance Indicators

Compare performance with the sector and the market.
Find out more
Key: vs Market vs Sector
Value
86.88% below the market average86.88% below the market average86.88% below the market average86.88% below the market average86.88% below the market average
75.37% below the sector average75.37% below the sector average75.37% below the sector average75.37% below the sector average75.37% below the sector average
Price Trend
73.53% above the market average73.53% above the market average73.53% above the market average73.53% above the market average73.53% above the market average
68.81% above the sector average68.81% above the sector average68.81% above the sector average68.81% above the sector average68.81% above the sector average
Income
72.42% below the market average72.42% below the market average72.42% below the market average72.42% below the market average72.42% below the market average
67.74% below the sector average67.74% below the sector average67.74% below the sector average67.74% below the sector average67.74% below the sector average
Growth
85.36% above the market average85.36% above the market average85.36% above the market average85.36% above the market average85.36% above the market average
85.79% above the sector average85.79% above the sector average85.79% above the sector average85.79% above the sector average85.79% above the sector average
Price Chg 6m
34.18% above the market average34.18% above the market average34.18% above the market average34.18% above the market average34.18% above the market average
32.11% above the sector average32.11% above the sector average32.11% above the sector average32.11% above the sector average32.11% above the sector average
P/E
27.82% below the market average27.82% below the market average27.82% below the market average27.82% below the market average27.82% below the market average
59.28% below the sector average59.28% below the sector average59.28% below the sector average59.28% below the sector average59.28% below the sector average
PEG
0.31% above the market average0.31% above the market average0.31% above the market average0.31% above the market average0.31% above the market average
9.24% below the sector average9.24% below the sector average9.24% below the sector average9.24% below the sector average9.24% below the sector average
Dividend Yield
52.6% below the market average52.6% below the market average52.6% below the market average52.6% below the market average52.6% below the market average
48.72% below the sector average48.72% below the sector average48.72% below the sector average48.72% below the sector average48.72% below the sector average
EPS Growth
48.75% above the market average48.75% above the market average48.75% above the market average48.75% above the market average48.75% above the market average
58.11% above the sector average58.11% above the sector average58.11% above the sector average58.11% above the sector average58.11% above the sector average
Operating Margin
1.39% below the market average1.39% below the market average1.39% below the market average1.39% below the market average1.39% below the market average
8.91% above the sector average8.91% above the sector average8.91% above the sector average8.91% above the sector average8.91% above the sector average

What The Brokers Say

Strong Buy 1
Buy 3
Neutral 2
Sell 0
Strong Sell 0
Total 6
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BAB Dividends

  Latest Previous
  Final Interim
Ex-Div 09-Jul-08 12-Dec-07
Paid 08-Aug-08 16-Jan-08
Amount 8.20p 3.30p

Trades for 06-Oct-2008

Time Volume / Share Price
13:24 407 @ 493.50p
13:22 1,783 @ 493.75p
13:22 581 @ 493.25p
13:21 1,317 @ 494.00p
13:21 183 @ 494.00p

BAB Key Personnel

CEO Peter L Rogers
Finance Director William (Bill) Tame

Digital Look have been voted
"Best Research and Informataion Provider"

4th Floor, Bankside House, 107 Leadenhall Street, London EC3A 4AF.
Registered in England and Wales (registered no. 3678570).

A good trader doesn’t blame
his tools…especially ours

The Marketmaker:Investor Edition Trading Tool Kit worth

£765.00!*

Open a spread betting account with
Marketmaker:Investor Edition today and receive

(Or click here to continue with your normal research on Digital Look)

Please remember that spread betting is a leveraged product and carries a high level of risk to your capital. It is possible to incur losses that exceed your initial investment. This product may not be suitable for all investors, therefore ensure you fully understand the risks involved and seek independent advice if necessary.
Digial Look is an Appointed Representative of CMC Spreadbet plc.