Babcock takes one-off charge and lowers nuclear outlook

EDINBURGH (Reuters) - British defence contractor Babcock took a one-off charge of 120 million pounds to reshape its business on Wednesday and warned that revenue from its nuclear decommissioning division would drop more than expected.First-half revenue fell 2.3 percent to 2.58 billion pounds versus analyst expectations of 2.61 billion pounds, according to Refinitiv data. Babcock, whose biggest customer is Britain's Ministry of Defence due to roles such as the maintenance of its naval fleet, has..