BAE released a sound set of figures for FY20, beating the consensus and shining with its strong cash generation. The company remains poised for groth in FY21 thanks to its defensive backlog and high exposure to strategic contracts.
25 Feb 2021
FY 20: demonstration of resilience
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FY 20: demonstration of resilience
BAE Systems plc (BA:LON) | 1,354 6.8 0.0% | Mkt Cap: 40,953m
- Published:
25 Feb 2021 -
Author:
Hugo Paternoster | Romain Pierredon -
Pages:
2
BAE released a sound set of figures for FY20, beating the consensus and shining with its strong cash generation. The company remains poised for groth in FY21 thanks to its defensive backlog and high exposure to strategic contracts.