Finance
UK's Babcock raises 2025 revenue expectations
Published by Global Banking and Finance Review
Posted on February 6, 2025
1 min readLast updated: January 26, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on February 6, 2025
1 min readLast updated: January 26, 2026
Babcock has increased its 2025 revenue forecast to £4.9 billion, citing strong performance in its nuclear and marine segments. Analysts had predicted an average of £4.67 billion.
(Reuters) - British defence group Babcock on Thursday hiked its revenue expectations for the year to around 4.9 billion pounds ($6.11 billion), on the back of strength in its nuclear and marine segments.
As of February 4, the average of Vuma-compiled analysts' forecasts was for Babcock to record revenue of 4.67 billion pounds, with their estimates ranging from 4.51 billion pounds to 4.78 billion pounds.
($1 = 0.8014 pounds)
(Reporting by Yamini Kalia in Bengaluru; Editing by Savio D'Souza)
The article discusses Babcock's increased revenue expectations for 2025, highlighting growth in its nuclear and marine segments.
Babcock's growth is driven by its nuclear and marine segments, which have shown strong performance.
Analysts' average revenue forecast for Babcock was £4.67 billion, with estimates ranging from £4.51 to £4.78 billion.
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