Babcock International Group plc -- Marine + Nuclear (UK) - 500 Beiträge pro Seite

nach dem Knaller gestern zwischen Frankreich und Australien wird's mMn Zeit für einen Thread für die Babcock International Group:

Streit um U-Boot zwischen Frankreich und Australien
https://www.msn.com/de-at/nachrichten/ausland/streit-um-u-bo…


Deren Aktien sind nämlich gestern auf diese Meldung hin gegen den Markt leicht gestiegen:

Antwort auf faultcode 17.09.21 12:07:00 Uhr

dieser Gemischtwarenladen spult allerdings ein Restrukturierung-Programm ab.

MMn sind die Dienstleistungssparten Land und Aviation in dieser Form Murks, aber das Management hat ja einen Plan; da kann ich also nur zugucken und abwarten:

Full year results for the year ended 31 March 2021, 30 July 2021:
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CPBS = Contract profitability and balance sheet review

Antwort auf faultcode 17.09.21 12:07:00 Uhr

Zitat von faultcode: nach dem Knaller gestern zwischen Frankreich und Australien wird's mMn Zeit für einen Thread für die Babcock International Group...

Mann, sind die sauer:

https://www.spiegel.de/ausland/frankreich-ruft-botschafter-a…

15.10.
UK to put nuclear power at heart of net zero emissions strategy
https://www.ft.com/content/e6426194-21e6-49c4-9520-97c337b35…
...

23.12.
Babcock International: A David Herro-Backed Turnaround Story
After an 8-year bear market for the stock, it looks like the price has finally reached its bottom
https://www.gurufocus.com/news/1602951/babcock-international…

Summary
• Guru David Herro has been buying Babcock International over the past year in his international small cap fund.
• A new CEO appears to be sweeping the company clean and has experience in defence sector turnarounds.
• Results for the first half of the year indicate the company is tidying itself up and turning the corner.
...

Despite the unpredictable industry it operates in, the company has some competitive advantages. It is the United Kingdom’s only domestically owned civil nuclear contractor and a significant supplier to the aerospace and defence sectors, suppling the U.K. government and others with weapons, warships and submarine launch systems. It owns the strategically important Devonport and Rosyth dockyards.

Half year results reported earlier this month show the company making progress after years of poor performance. Revenue was up 8.2% to £2.2 billion. Statutory operating profit vastly improved from a £785 million loss to a £75 million profit.

These numbers have also been restated using more conservative accounting policies. That caused lower numbers in many areas but sets the stage for a cleaner policy in financial disclosures going forward. One improved number from the changes was underlying operating profit in the nuclear division, but only for a few million pounds.

It seems the company is finally turning around, so perhaps Herro is indeed buying at an opportune time. CEO David Lockwood seems to be bringing in a period of consistent execution, but he was humble in the results webcast, saying: “It has gone a bit better than plan."
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Geopolitical risk is a big factor in the U.K. Don’t expect much business from China, and politics within Europe itself have always been tense. However, Babcock is set to benefit from the recent Aukus security pact between the U.K., Australia and the U.S. involving submarines.

On the earnings presentation, Lockwood highlighted Omicron, rising inflation and supply chain constraints as risks but stressed that the company is only in the first year of what will he calls a multi-year turnaround. He also said Babcock’s balance sheet is “in a safe place."
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The U.K. financial press has been speculating that private equity groups are considering a takeover of Babcock. A takeover bid is very possible, in my view, because regulators didn’t block peers Ultra Electronics and Meggitt being taken private. Lockwood also has form here. He was the chief executive who turned another defence contractor, Cobham, around before it was bought out by Advent International early last year.
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14.1.
Boris Johnson Exit Could Prove Positive for Defense Sector, Citi Says
https://www.bnnbloomberg.ca/boris-johnson-exit-could-prove-p…
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A new face at No. 10 Downing Street could be positive for defense suppliers, depending on which potential candidate were to replace the embattled Boris Johnson in the event of an attempt to remove him as U.K. prime minister, according to analysts at Citigroup Inc.

Analyst Charles J. Armitage said he couldn’t take a view on the whether Johnson would survive the political furor provoked by details of a rule-breaking party at the Prime Minister’s residence.

Even so, it’s “worthwhile thinking about the outlook for defense if he were to go,” he wrote in a report. Johnson’s departure would be “neutral to positive depending on successor,” Armitage said.

While Chancellor Rishi Sunak’s focus on the economy and responsible spending make him a “neutral” choice in terms of defense if he were to succeed Johnson, Foreign Secretary Liz Truss, would “likely to be more bullish” as she pushes for a “global Britain,” Armitage wrote. He noted that Housing Secretary Jeremy Hunt, meanwhile, had backed higher defense spending in his 2019 leadership bid.

Leveling up Secretary Michael Gove would be “neutral/positive” and Health Secretary Sajid Javid neutral, he added.

Finally, Labour Leader Keir Starmer would be “probably positive” for defense spending if elected as prime minister, according to Armitage.

“Starmer is not Jeremy Corbyn and he wants to cultivate a pro-British working class Labour party as well as keeping the U.K. nuclear deterrent,” he wrote. Even so, Armitage doesn’t expect a general election until 2024 with the Conservatives unlikely to bring forward a vote before then.
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Der einzige Rüstungswert der heute nicht durch die Decke geht. Habe trotz schwacher EK Quote mal bisschen gekauft

GD 38 und GD 200 feiern an ihrer Schnittstelle bei 3,80 Hochzeit und der Graph stößt heute an dieser Stelle voll durch!!!

Bin nun auch bei diesem englichen Marinewert mit dabei!

Könnte mir wie bei Hensoldt und Rheinmetall auch hier durchaus 25 % bis Ende der Woche vorstellen! (5 Euro Ziel)

 Dieser Beitrag wurde von FairMOD moderiert. Grund: auf eigenen Wunsch des Users

Sorry bitte löschen, da falscher Thread!

Antwort auf Ontrak 08.03.22 11:07:28 Uhr

*Up

Wie ist die Stimmung hier. Würde mir eine lebliche Diskussion ähnlich wie bei den anderen europäischen Rüstungsaktien wünschen.

Achtung:

https://otp.tools.investis.com/clients/uk/babcock1/rns/regul…

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Bin mal gespannt ob es wegen der Challenger Lieferung irgendeine Auswirkung auf den Kurs hier hat.

Antwort auf faultcode 06.06.22 13:32:08 Uhr

..und wieder ein Durchbruchsversuch:

Antwort auf faultcode 24.02.23 16:07:00 Uhr

..und der nächste im Anlauf:

FY2023: https://www.babcockinternational.com/de/investors/

=>



wegen:


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Outlook
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Our expectations for FY24 profitability and cash flow are unchanged, although operating cash flow may be weighted to the
second half given the FY23 overperformance. With c.£2.8 billion of revenue under contract at 1 April 2023 and around £700 million
of framework orders expected to be delivered in FY24, we are confident of another year of organic revenue growth and further
underlying margin expansion. We also expect to reinstate a dividend in FY24, as indicated in the April trading update.
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Strategic highlights
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Completed portfolio realignment programme, with over two thirds of the Group’s revenue now in defence
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3-Jahreshoch:




Ich rechne erstmal mit einer Konso, da die Aktie mittlerweile schon sehr heiß gelaufen ist:

Antwort auf faultcode 26.07.23 12:27:42 Uhr

Konso beendet:

Bin seit kurzem investiert...zunehmender Xashflow,Verringerung der Verschuldung und gute Auftragslage bei Schiffen.Neben Rheinmetal,BAE,Hensold und
Leonardo eine gute Ergänzung bei Wartund und Bau von Flottenschiffen!!!

Bin da jetzt auch mal rein. Fürchte mittelfristig macht man mit diesem Sektor wenig falsch 😑
Bin noch am überlegen ob ich noch in Qinetiq rein gehe.

Die Bewertung im Vergleich zu anderen europäischen Rüstungsaktien ist einfach ein Witz.......

Aufwärts!

… aber sowas von!

🚀🚀🚀

https://www.babcockinternational.com/news/cavendish-nuclear-…

🚀🚀🚀🚀🚀