Bae Systems ( (BAESY) ) has released its Q4 earnings. Here is a breakdown of the information Bae Systems presented to its investors.
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BAE Systems plc is a global defense, aerospace, and security company that operates in over 40 countries, providing military capability and protection to national security across land, sea, air, cyber, and space sectors. The company has announced robust financial results for the year ending December 2024, showcasing a strong performance across its diverse portfolio. BAE Systems reported a 14% increase in sales to £28.3 billion and a 10% rise in underlying earnings per share to 68.5p, despite a decrease in free cash flow due to increased capital expenditure. The company’s strategic acquisitions, notably Ball Aerospace, contributed significantly to its record order backlog of £77.8 billion. Looking forward, BAE Systems remains optimistic about its growth trajectory, supported by its strong order backlog and continued investment in talent, technologies, and infrastructure. The company is well-positioned to capitalize on future opportunities in high-growth markets and maintain its leadership in the defense industry.