Babcock International Group (BAB) 2025 Investor Day September 04, 2025 04:00 AM ET Company ParticipantsSir Nick Hine - Chief Executive - MarinePaul Watson - MD - ArrowheadIlgi Kim - CCO - MarineDavid Lockwood - CEODavid Farrell - SVP - UK Industrials Equity ResearchDavid Perry - Head - European Aerospace & DefenseGeorge Mcwhirter - VP - Equity ResearchBenjamin Pfannes-Varrow - VP - Equity ResearchDavid Mellors - CFOPhil Craig - MD Programmes - MarineConference Call ParticipantsSash Tusa - Partner - Aerospac ...

Marine Sector Overview - The Marine sector has a strong platform for growth due to specialist capabilities and high barriers to entry[6] - Structural growth is expected from global naval fleet recapitalisation[6] - Increased opportunities are driven by design and build activities with a pipeline exceeding £17 billion and long-term support with a pipeline exceeding £5 billion[6] - The Marine sector is confident in delivering MSD growth and margin improvement to over 9% in the medium term[6] Financial Performance and Pipeline - Marine FY25 revenue is £0.9 billion[9] - The contract backlog for design and build is £0.9 billion, with a pipeline exceeding £17 billion[16] - The contract backlog for support is £1.5 billion, with a pipeline exceeding £5 billion[16] - Advanced manufacturing has a medium-term pipeline exceeding £500 million[68] Design and Build - Design and build revenues are projected to double to £500-£600 million over the medium term[39] - Advanced manufacturing has a backlog of approximately £360 million over 4 years for the US-UK Common Missile Compartment programme, with approximately 80% market share[56]