You are here: Home - Investing - Experienced Investor - News -

Stock of the week: Babcock International

Written by:
Graham Spooner, investment research analyst at The Share Centre, picks Babcock International as stock of the week.

Engineering support services company, Babcock International, last week announced that it has been awarded a five-year contract, with an option to extend for a further two years, to support Qantas Group’s ground support equipment (GSE) fleet at 60 locations across Australia.

This move follows a number of significant contract wins allowing the group to expand its international operations. Furthermore, the strong order book and size of the projects provides a level of visibility for the company’s future.

Babcock International has a diversified product base with growing hopes for, in the long term, more opportunities in the nuclear area. Due to this, we recommend the company as a “buy” for the long term.

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

The savings accounts paying the most interest

If one of your jobs this month is to get your finances in order, moving your savings to a higher paying deal i...

Coronavirus and your finances: what help can you get?

News and updates on everything to do with coronavirus and your personal finances.

Everything you need to know about being furloughed

If you’ve been ‘furloughed’ by your company, here’s what it means…

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
UK investors look overseas for opportunities in August

Only one fund with a predominate UK focus featured in August’s top 10 traded funds on the Share Centre, with...