Babcock said to be bracing for big writedown, shares slump
(Sharecast News) - Babcock International shares slumped on Friday following a report the defence contractor is bracing for a big writedown.
Read moreWed, 17th Jun 2020 13:18
(Sharecast News) - Babcock International shares slumped on Friday following a report the defence contractor is bracing for a big writedown.
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Read more(Adds details from statement, background)Jan 15 (Reuters) - Babcock shares plunged almost 20% on Friday after the British engineer said it was reviewing the profitability of its contracts and its finances might take a hit as a result.It said the r...
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