Babcock posts 10 pct rise in full year profit, sees bright outlook

EDINBURGH, May 25 (Reuters) - Britain's Babcock International said full-year profit rose 10 percent, underpinned by a strong performance across its engineering and support services business and a robust order book.

An order book worth 20 billion pounds ($29.24 billion) meant the company had "clear visibility of future revenues and, together with the (10.5 billion pound) bidding pipeline, offers further prospects for growth," it said in a statement on Wednesday.

Revenue was expected to grow 7 percent in 2016/17, it said, with margins remaining broadly stable.

Babcock said underlying profit before tax rose 10 percent to 460 million pounds on an 8 percent rise in revenue to 4.84 billion pounds in the 12 months to March.

Babcock provides technical know-how to build and maintain complex infrastructures, as well as supporting air, naval and land vehicles for the Ministry of Defence, and providing specialist consultancy services. ($1 = 0.6839 pounds) (Reporting by Elisabeth O'Leary, editing by Louise Heavens)