Babcock International (BAB.L) earnings: next date, last results and guidance
When is Babcock International's next earnings date, and what were its last results?
Next earnings date
Nov 19, 2026Thursday
Expected, not yet confirmed by Babcock International.
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Executive summary + 8 chapters · 19,890 words · 173 sources
Babcock International guidance: what does it expect for the year to March 2027?
The backdrop is supportive: UK investment defence spending is planned to rise by 7.1% a year in real terms from 2023/24 to 2029/30. Babcock’s own medium-term targets are mid-single-digit organic revenue growth, at least 9% underlying operating margin and at least 80% underlying operating cash conversion. Organic growth comes from existing operations, while cash conversion measures operating cash against operating profit.
Capex (net)
120–150Year to Mar 2027 · given 22 Jun 2026
Pension deficit repair
20Year to Mar 2027 · given 22 Jun 2026
Interest
35Year to Mar 2027 · given 22 Jun 2026
Tax
60Year to Mar 2027 · given 22 Jun 2026
Guidance is management's forecast of what it expects to report, usually a range.
Did Babcock International keep its past promises?
Management targets mid-single-digit organic revenue growth, at least 9% underlying operating margin and at least 80% underlying cash conversion. FY26 exceeded the growth and cash floors, but margin reached 8.2% excluding Type 31 and 5.7% including it. Management also guides to a £200 million FY27 buyback.
What is Babcock International's revenue and profit trend?
For the six months to March 2026, revenue was £2,639 million, versus £2,422 million in the comparable period. Operating income fell from £180 million to £71 million. Diluted EPS fell from 22.80p to 8.30p.
The last six reported periods · £ millions; per share in pence · 6 months to Mar 2026
- Revenue2,639
- Operating income71
- Net income42
- EPS, diluted8.30
What should I watch in Babcock International's next release?
Babcock’s next scheduled half-year results are on 19 November 2026. Investors should examine Marine, Nuclear, Land and Aviation separately, because a rising margin can reflect better mix, higher prices, greater productivity or the completion of a contract. Those sources of improvement do not have equal staying power.
The submarine-support bridge was extended for two months from 1 October 2026. A signed Gateway agreement would clarify future workload and economics; another extension would preserve service but prolong uncertainty. A clean Type 31 finish would support confidence, while another adverse cost revision would weaken it. Legal and tax matters could also affect cash independently of current trading.
Questions about Babcock International (BAB.L) earnings
When does Babcock International report earnings?
Next on Thursday, November 19, 2026. That date is expected; Babcock International has not confirmed it yet.
Is Babcock International expected to beat earnings?
Our report makes no call on that. Management's guidance: Capex (net), Year to Mar 2027: 120–150.
Where could Babcock International stock be by 2029?
Our report's forecast is 1,613.66p a share by November 2029, from the 1,068.00p close of November 10, 2026. Babcock International stock forecast →
More on Babcock International (BAB.L)
Babcock International and its rivals
Babcock International's own filings
This page gives the results. The report gives the reasons.
The full report: an executive summary and 8 chapters, 19,890 words, 52 tables. Its first page opens here, no account needed.
How it is made: AI reads Babcock International's filings, writes the report, checks the numbers against them and cites each source, 173 in this one. How we work · Corrections
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Information only, not investment advice. The next results date is an expectation until Babcock International confirms it. Prices are those of the date shown.