Babcock International Group PLC
31 January 2003
31 January 2003
NEW AIRCRAFT CARRIERS - ROSYTH TO PLAY KEY ROLE
Babcock International Group, the support services company, welcomes yesterday's
announcement by the Ministry of Defence that its Rosyth shipyard will play a key
role in the design and build of The Royal Navy's two new aircraft carriers.
Babcock International Group also confirms that current performance and overall
trading continue to be in line with the company's expectations.
Contacts: Gordon Campbell Richard Mountain/Rob Gurner
Executive Chairman Financial Dynamics
Babcock International Group PLC Telephone: 020 7269 7221
Telephone: 020 7291 5000
Notes to editors:
About Babcock International Group PLC
Babcock International Group PLC is a support services business providing
technical services, training and facilities management to the defence and civil
sectors. In the year to 31 March 2002 sales from continuing business were
£358.9 million.
The Group operates in three principal sectors: Technical Services (engineering
and support services in defence, rail, marine and secure facilities sectors),
Training & Support (support services, training and facilities management for the
defence and civil sectors) and Materials Handling (material processing
technologies and engineered systems). The Group is currently in the process of
disposing of the Material Handling division as part of Babcock's strategy to
focus on the support services market and, in the process, enhance shareholder
value.
Babcock's head office is in London and the Company's shares are quoted on the
London Stock Exchange. For further information, please visit Babcock's website
at www.babcock.co.uk.
This information is provided by RNS
The company news service from the London Stock Exchange
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