Month: October 2018

Babcock International: Burying the Bad News

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In our opinion, Babcock has systematically misled investors by burying bad news about its performance. We believe that Babcock’s senior leadership team – specifically the chairman and chief executive – are not up to the job and their failings will damage the company’s future prospects.

Mike Turner has been the chairman for 10 years and can no longer be considered independent under the UK’s Corporate Governance Code.

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