(Reuters) – British defence group Babcock on Thursday hiked its revenue expectations for the year to around 4.9 billion pounds ($6.11 billion), on the back of strength in its nuclear and marine segments.
As of February 4, the average of Vuma-compiled analysts’ forecasts was for Babcock to record revenue of 4.67 billion pounds, with their estimates ranging from 4.51 billion pounds to 4.78 billion pounds.
($1 = 0.8014 pounds)
(Reporting by Yamini Kalia in Bengaluru; Editing by Savio D’Souza)
