Babcock International Group PLC (BAB) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the Babcock F26 post-closed trading update conference call. At this time, all participants are in listen-only mode. Later, we will conduct a question and answer session for analysts through the phone lines, and instructions will follow at that time. I would like to remind all participants this call is being recorded. I will now hand over to David Lockford, Group CEO, to begin the call. Please go ahead. Thank you very much and good morning ladies and gentlemen. Thank you for joining this call at relatively short notice to discuss our financial year 26 results. I ought to start by saying we're still in closed period, so we're not doing a full results presentation today and we can't give any financial information beyond what's in the statement. As usual, we'll do an overview, some of the key strategic points, from today's announcements before I hand over to David to talk about some numbers. Obviously, you all know this is my last calendar year, so it is bittersweet for me because so much is going really, really well. And that actually includes some Type 31 stuff when we get to it. But we have got the type 31 provision which David will talk about. But overall the financial year was really strong performance across all of the underlying businesses, across all of our medium term targets. And in November I talked about the good momentum and delivering growth. And obviously we are significantly past our mid single digit guidance. And encouragingly, that's across a range of activities. And that's because what we do in defence and security is still really relevant. And even as different wars ebb and flow and different debates happen about different capabilities, the core of what Bangkok delivers is going to remain and become m...