BAE Systems reported quite strong FY results with growing sales, operating profit, cash flow from operations and dividend, but a stable EPS. The group remains confident for 2017 with growing margin expectations, as was the case in 2016. BAE Systems has shown resilience in 2016 in a difficult environment while sales have been supported by exchange translations.
24 Feb 2017
Smooth cruising speed despite uncertain environment
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Smooth cruising speed despite uncertain environment
BAE Systems plc (BA:LON) | 1,365 320.8 1.8% | Mkt Cap: 41,307m
- Published:
24 Feb 2017 -
Author:
Marc Laubel -
Pages:
3
BAE Systems reported quite strong FY results with growing sales, operating profit, cash flow from operations and dividend, but a stable EPS. The group remains confident for 2017 with growing margin expectations, as was the case in 2016. BAE Systems has shown resilience in 2016 in a difficult environment while sales have been supported by exchange translations.