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Babcock International Group PLC (BCKIY) Q4 2026 Sales/Tra...
2026-05-13 · via All Articles on Seeking Alpha

Babcock International Group PLC (BCKIY) Q4 2026 Sales/Trading Call May 13, 2026 3:30 AM EDT

Company Participants

David Lockwood - CEO & Executive Director
David Mellors - CFO & Executive Director

Conference Call Participants

David Richard Farrell - Jefferies LLC, Research Division
David Perry - JPMorgan Chase & Co, Research Division
Sash Tusa - Agency Partners LLP
Joel Spungin - Investec Bank plc, Research Division

Presentation

Operator

Good morning, ladies and gentlemen, and welcome to the Babcock F '26 Post-Close Trading Update Conference Call. [Operator Instructions]

I would like to remind all participants that this call is being recorded. I will now hand over to David Lockwood, Group CEO, to begin the call. Please go ahead.

David Lockwood
CEO & Executive Director

Thank you very much, and good morning, ladies and gentlemen. Thank you for joining this call at relatively short notice to discuss our financial year '26 results. I'd start by saying we're still in close period. So we are not doing a full results presentation today, and we can't give any financial information beyond what's in the statement.

As usual, I'll do an overview, some of the key strategic points from today's announcements before I hand over to David to talk about some numbers. Obviously, you all know this is my last calendar year. So I'm -- it is a bittersweet for me because so much is going really, really well.

And that actually includes some Type 31 stuff when we get to it. But we have got the Type 31 provision, which David will talk about. But overall, the financial year was really strong performance across all of the underlying businesses, across all of our medium-term targets.

And in November, I talked about the good momentum in delivering growth. And obviously, we are significantly past our mid-single-digit guidance. And encouragingly, that's across a range