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| Name | Symbol | Market | Type |
|---|---|---|---|
| Bae Systems Plc (PK) | USOTC:BAESY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.22 | -0.33% | 67.30 | 67.19 | 67.47 | 67.3399 | 66.71 | 66.915 | 123,597 | 21:00:11 |
From May 2019 to May 2024
By Anthony O. Goriainoff
BAE Systems PLC said Wednesday that 2020 underlying earnings per share is now expected to be slightly higher than previously guided, and it backed its sales and cashflow guidance for 2020.
The London-listed defense company said that order intake expectations are ahead of its original pre-Covid-19 planning for the year and that an expected lower tax rate will offset a negative foreign exchange impact.
Germany's confirmation of the purchase of 38 Typhoon aircraft is significant for the consortium, it said, adding that it is working with Eurofighter GmbH and its industrial partners to conclude the relevant contracts in the near future.
Its U.S.-based portfolio remains well aligned to customer priorities and growth areas and it expects this to continue under the next administration, it said.
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
November 11, 2020 02:35 ET (07:35 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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