Directors Deals 

Babcock directors buy on dip

Babcock directors buy on dip

Shares in Babcock International (BAB) have suffered lately. A mid-July trading statement warned of continued delays to defence spending, exacerbated by the restructuring of the government's Defence Equipment & Support (DE&S) organisation. A subsequent spending review has prompted analysts to lower full-year forecast revenue growth at Babcock from 4 per cent to 2 per cent.

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