Babcock International Group PLC 2024 AR2
The report highlights Babcock International Group's strategic and financial progress for the fiscal year 2024, emphasizing its role as an international defense, aerospace, and security company. Financially, the company achieved organic revenue growth of 11% to £4.4 billion and a 34% increase in underlying operating profit to £238 million. Key strategic milestones included the validation of its net-zero targets by the Science Based Targets initiative (SBTi) and the launch of the Babcock Skills Academy to address nuclear skills demand. Additionally, the company expanded its international footprint through partnerships with Saab, Hanwha Aerospace, and HII, while continuing to support critical defense programs in the UK and globally.
Company: Babcock International Group PLC
Sector: Manufacturing
Country: United Kingdom
Year: 2024
Type: AR2
Pages: 111
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Babcock International Group PLC
Annual Report And Financial Statements
The report highlights Babcock International Group's strategic and financial progress for the fiscal year 2024, emphasizing its role as an international defense, aerospace, and security company. Financially, the company achieved organic revenue growth of 11% to £4.4 billion and a 34% increase in underlying operating profit to £238 million. Key strategic milestones included the validation of its net-zero targets by the Science Based Targets initiative (SBTi) and the launch of the Babcock Skills Academy to address nuclear skills demand. Additionally, the company expanded its international footprint through partnerships with Saab, Hanwha Aerospace, and HII, while continuing to support critical defense programs in the UK and globally.
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Document Details
Report Year
2024
Reporting Period
Apr 2023 - Mar 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Net Zero Target
Employees