BAE Systems' Profits Rise to £1.33bn
CUMBRIA, ENGLAND, JUL 30 – BAE Systems raised its 2025 sales forecast to 8-10% and EBIT growth to 9-11%, citing strong demand and a £75.4 billion order backlog, boosted by increased global defense spending.
Summary by The Mail
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BAE Systems raises full-year guidance after strong first-half results - Business Link Magazine
BAE Systems has upgraded its full-year profit and revenue forecasts following a strong first-half performance. The company attributes its positive outlook to increased global defence spending, a growing order book, and solid operational results.
BAE Systems reports £13.2bn in orders, 11% sales growth and 13% EBIT rise in first-half results
Chief Executive Charles Woodburn stated, “Our teams have delivered another strong operational and financial performance in the first half of the year, giving us the confidence to upgrade our guidance.” He added, “In this heightened global threat environment, we continue to deliver mission critical capabilities to armed forces around the world and invest in our people, technologies and facilities to drive the improved efficiency, capacity and agi…
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Total News Sources10
Leaning Left0Leaning Right1Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
C 67%
R 33%
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