h1. Financial highlights Order backlog of £36.8bn was down from £40.5bn but BAE believes that the company has reached the trough in terms of markets and the order book should start growing over the coming years, underpinning the future prospects for the business. Sales grew to £17.9bn, up £1.3bn from 2014, as UK sales benefit by £0.8bn from increased aircraft deliveries to Saudi Arabia and sales from the trading of equipment on the European Typhoon programme and
29 Feb 2016
Positive market to feed into BAE's future results
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Positive market to feed into BAE's future results
BAE Systems plc (BA:LON) | 1,290 0 0.0% | Mkt Cap: 39,038m
- Published:
29 Feb 2016 -
Author:
Thomas Picherit -
Pages:
4
h1. Financial highlights Order backlog of £36.8bn was down from £40.5bn but BAE believes that the company has reached the trough in terms of markets and the order book should start growing over the coming years, underpinning the future prospects for the business. Sales grew to £17.9bn, up £1.3bn from 2014, as UK sales benefit by £0.8bn from increased aircraft deliveries to Saudi Arabia and sales from the trading of equipment on the European Typhoon programme and