BAE released a sound H1 set of results, beating consensus at revenue, profitability and cash generation levels. The company’s business model proved to be very resilient and displayed encouraging prospects for the remainder of the year. We maintain our Buy recommendation on the stock.
30 Jul 2020
H1 20: resilient business model, further improvements expected in H2
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H1 20: resilient business model, further improvements expected in H2
BAE Systems plc (BA:LON) | 1,351 -33.8 (-0.2%) | Mkt Cap: 40,862m
- Published:
30 Jul 2020 -
Author:
Hugo Paternoster -
Pages:
3
BAE released a sound H1 set of results, beating consensus at revenue, profitability and cash generation levels. The company’s business model proved to be very resilient and displayed encouraging prospects for the remainder of the year. We maintain our Buy recommendation on the stock.