BAE Systems reported mixed FY result figures with slightly increasing sales thanks to all divisions except for UK Platform & Services. The EBITA margin also slightly increased to 10.4%. However, the operating profit has been strongly impacted by the impairment of some intangible assets, leading profit for the year to decrease by almost 6%. The dividend is almost flat yoy as is the order backlog.
23 Feb 2018
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BAE's vital exposure to the US
BAE Systems plc (BA:LON) | 1,365 320.8 1.8% | Mkt Cap: 41,307m
- Published:
23 Feb 2018 -
Author:
Marc Laubel -
Pages:
3
BAE Systems reported mixed FY result figures with slightly increasing sales thanks to all divisions except for UK Platform & Services. The EBITA margin also slightly increased to 10.4%. However, the operating profit has been strongly impacted by the impairment of some intangible assets, leading profit for the year to decrease by almost 6%. The dividend is almost flat yoy as is the order backlog.