Engineering support services group Babcock International’s financial performance remains consistent with its expectations.
The group said it had experienced good trading conditions in the first-half in a market where its key customers faced financial and budgetary constraints.
Babcock believes this environment will continue to drive an increase in new outsourcing opportunities in both the private and public sectors, as evidenced by the continuing growth of its bid pipeline.
It adds: “Our business model and track record of delivering cost efficiencies for our customers places us in a prime position to take advantage of these new opportunities.”
Source:http://www.stockmarketwire.com/article/4229092/Babcock-sees-new-outsourcing-opportunities.html
