Timeline
BABCOCK INTERNATIONAL
Babcock posts record free cash flow as Type 31 charge weighs on profit
Babcock flags £140m Type 31 charge but leaves FY27 expectations unchanged
More in Aerospace & Defence
Goodwin profits more than double as it pursues Mechanical division sale
The engineering group posted a record £77.5m trading profit and raised its dividend 18%, while confirming an active process to sell most of its Mechanical Engineering division.