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UK's Babcock posts solid H1, confident of outlook despite uncertainty

EDINBURGH, Nov 21 (Reuters) - Engineering outsourcer Babcock said its first-half underlying profit before tax climbed 4.9 percent and expressed confidence in the outlook despite political uncertainty due to Britain's exit from the European Union.

Its underlying revenue grew by 5.9 percent to 2.64 billion pounds ($3.50 billion), underlying profit before tax grew to 239.5 million pounds, in line with expectations.

($1 = 0.7545 pounds) (Reporting by Elisabeth O'Leary; editing by Kate Holton)