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Revenue Down, Profits Up for Babcock Rail | Glasgow News

Revenue Down, Profits Up for Babcock Rail | Glasgow News

Published 5 days, 9 hours ago
Description

Babcock Rail Limited’s revenue plunged 28% last year, but profits rose 12%—a surprising turnaround fueled by cost control and strong performance on key projects with Network Rail, despite market headwinds and customer funding constraints.

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