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Amid lower spending by the UK's Ministry of Defence, investors are keen to hear the impact this has had on a large contractor
Thursday 17 May 2018 Author: David Stevenson

Engineering support services company Babcock (BAB) buoyed its investors with an upbeat trading update in February. Will this positive sentiment be maintained when it releases full year results on 23 May?

In February the company said both earnings and cash conversion would be in line with guidance and that its debt to earnings ratio would be reduced to 1.7 times.

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