BAE Systems Half Yearly Results - Willu Invest


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    BAE Systems Half Yearly Results

    Half yearly results stated:

    First Half Pretax Profit £714M
    First Half Revenue £9.01B
    First Half Operating Profit £865M
    First Half Net Profit £555M
    First Half EPS 17.4p
    Continues to Expect a Small Reduction in Net Debt Vs 2016
    Sees Group’s 2017 Underlying EPS 5% to 10% Higher Than 2016
    Well Placed to Continue to Generate Good Returns for Holders
    First Half Consistent With Views and Guidance for the Year
    Raises Dividend to 8.8p Vs 8.6p
    Order Backlog Increased to £42.3bn
    Net Debt of £1.7bn
    Operating Business Cash Flow of £277m
    Underlying EBITA Increased by 11% to £945m

    As of 8:02am the stock was trading at up c.2.45% at c.622.00p

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