Analyst Research Report Snapshot

Title:

BABCOCK INTERNATIONAL GROUP - TECHNICAL ANALYSIS

Price:

$10.00

Provider:

Edison Investment Research

Date:

10 May 2011

Pages:

1

Type:

AcrobatPDF

Companies referenced:

BAB.L

Available for Immediate Download
Summary:

The pre-close was encouraging, with net debt coming down, the bottleneck in the tendering pipeline starting to clear (up to £7bn at PQQ/ITT stage from £6bn at the January IMS) and a generally positive outlook for margins. The government in general (and MOD in particular) needs to rely more on the private sector in order to deliver cost savings – the German FM contract gave a taste of things to come and the company has announced it is sole industry bidder on the £300m Maritime Equipment Transformation programme. Trades on 10x our CY11 numbers; Serco/Capita trade on 15x consensus.

Why buy analyst research?

  • Institutional quality research
  • Available for Immediate Download
  • Detailed company or industry insight
  • Print or save
  • 24 hour customer support
Return to previous page without adding this item to your cart.
Email Customer Support.

About Analyst Research

Analyst research reports are available for immediate download after purchase. You will have unlimited access to the report for 24 hours after purchase, to download, print or save it as many times as you wish. Analyst Research provided by Reuters does not constitute investment advice, and is not endorsed by Reuters Research. This information is protected by copyright and intellectual property laws. More information on Analyst Research.