Engineer鈥檚 order book stable at 拢13bn
Engineer Babcock International has secured contracts for 90% of this financial year鈥檚 anticipated revenue in the last six months.
In a statement to the City it also said that 50% of the revenue for the 2013-14 financial year had also been contracted.
In its statement the firm said: 鈥淭he board therefore remains confident of meeting its expectations for this financial year and delivering strong progress on last year.鈥�
The firm said both its order book and bid pipeline stood at 拢13bn with a number of large opportunities set to be awarded in the next 18 months.
The group鈥檚 half year results will be released on 6 November.
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