BAE Systems : Reassurance that the upper end of guidance will be achieved, but a fair valuation
>Estimates revised to reach the upper end of guidance - Following the publication (adjusted EBIT 2% > the VA consensus), we have lifted our estimates (+2.3%/+3.6%/+4.5% respectively for FY 2024/25/26) and now stand at the upper end of the guidance range with sales of £ 28,768m (+13.8% vs a range of 12-14%), adjusted EBIT of £ 3,112m (+16% vs a range of 12-14%) and adjusted EPS of 69.6p (+10% vs a range of 7-9%). The revisions are due notably to platforms & service, wh...BAE Systems is a defense, aerospace and security solutions provider. Co. supplies defense equipment, electronics and services, and cyber, intelligence and security solutions for governments and commercial markets. Co.'s offerings include the: manufacture of Typhoon assemblies for European partner nations and other export customers; design and manufacture of sub-assemblies in the U.K. and provision of equipment in the U.S.; development of future air system capabilities, including unmanned air systems; maintenance, support and training for Typhoon aircraft in service with the U.K. and Saudi Arabian air forces; and design, manufacture and support of defense and commercial avionics equipment.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.