Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to lansdown,Wasron,jfgw,Rhyd6,eyeball08, for Donating to support the site

BAE Systems Plc (BA.) - Trading Statement.

For discussion of the practicalities of setting up and operating income-portfolios which follow the HYP Group Guidelines. READ Guidelines before posting
Forum rules
Tight HYP discussions only please - OT please discuss in strategies
idpickering
The full Lemon
Posts: 11401
Joined: November 4th, 2016, 5:04 pm
Has thanked: 2477 times
Been thanked: 5807 times

BAE Systems Plc (BA.) - Trading Statement.

#627035

Postby idpickering » November 13th, 2023, 7:08 am

Highlights

· Group guidance confirmed in line with half-year upgrade

· Strong order intake maintained with c.£10bn booked since half-year

· Good operational performance and effective supply chain management

· Share buyback programme ongoing

Charles Woodburn, BAE Systems Chief Executive, said:

"Trading has been in line with the upgraded guidance we issued at the time of our 2023 half-year results. We are delivering another year of good sales and earnings growth, together with strong cash flow generation.

"Order flow on new and existing programmes, renewals on incumbent positions and progress with our opportunity pipeline remains strong. These underpin our confidence and visibility for good top line growth in the coming years, and we continue to reinforce our value compounding model with a sharp focus on operational performance and disciplined capital allocation."


https://www.investegate.co.uk/announcem ... nt/7876199

Also posted on Company News here; viewtopic.php?p=627034#p627034

BA. are a long term mainstay in my HYP, and I know others hereabouts hold them too, so this may be of interest here.

Ian.

Return to “HYP Practical (See Group Guidelines)”

Who is online

Users browsing this forum: No registered users and 12 guests