BAE Systems confident for second half of the financial year
BAE Systems has seen revenues and profits fall in the six months to June 30, its results revealed today.
The group, which operates bases at Warton and Salmesbury in Lancashire, posted revenues of £8.161bn, compared with £8.915bn last year, while operating profits came in at £792m, down from £885m, as defined by IFRS2 guidelines.
In financial measures defined by the group, sales of £8.818bn fell from £9.467bn the previous year.
The group said its order backlog during the period increased to £39.7bn, with £9.7bn of orde... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...