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Latest News

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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