Babcock International Group Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

Babcock International Group (LON:BAB) Full Year 2023 Results

Key Financial Results

• Revenue: UK£4.44b (up 8.2% from FY 2022).
• Net loss: UK£35.0m (down by 121% from UK£164.2m profit in FY 2022).
• UK£0.069 loss per share (down from UK£0.33 profit in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Babcock International Group Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 8.9%. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is expected to decline by 2.8% p.a. on average during the next 3 years, while revenues in the Aerospace & Defense industry in the United Kingdom are expected to grow by 2.8%.

Performance of the British Aerospace & Defense industry.

The company's shares are up 22% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Babcock International Group's balance sheet and an in-depth analysis of the company's financial position.

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