BAE Systems plc
BAE: 2005 results
BAE’s acquisition driven growth continued in the second half of the year. Organic growth has been much more modest and is likely to remain so this year.
Underlying EBITDA margin strengthened over the full year. Total EBITDA as reported fell only due to accounting adjustments on the acquisition of United Defence last year.
The order book is […]
BAE Systems H1 results
The first half of the year has been very good for BAE Systems (The former British Aerospace) with sales up 13.6% and the order book up 16%. BAE’s rather cautious comments on full year growth (defence and a similar level to last year, commercial aerospace “improved”) suggest that the second half will not be as […]
BAE
BAE’s (the former British Aerospace) 2004 turnover was up 7.2% to £13.5bn and operating profit (before exceptionals and goodwill) was up 3.4% to £1.0bn. BAE designs, manufactures and supports military aircraft, surface ships, submarines, space systems, radars, avionics and a range of other defense products.
The customer solutions and support business (which provides services to […]
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