BAE released a trading update for the third quarter, which was fairly reassuring. Demand remained high across all major markets, fuelling the backlog. Operationally, programme ramp-ups and good execution across divisions maintained earnings, with potential for raising the EPS for 2020.
11 Nov 2020
Reassuring trading update
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Reassuring trading update
BAE Systems plc (BA:LON) | 1,352 0 0.0% | Mkt Cap: 40,954m
- Published:
11 Nov 2020 -
Author:
Hugo Paternoster -
Pages:
2
BAE released a trading update for the third quarter, which was fairly reassuring. Demand remained high across all major markets, fuelling the backlog. Operationally, programme ramp-ups and good execution across divisions maintained earnings, with potential for raising the EPS for 2020.