Share Name Share Symbol Market Type Share ISIN Share Description
Bae Systems Plc LSE:BA. London Ordinary Share GB0002634946 ORD 2.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +2.60p +0.47% 558.60p 557.40p 557.80p 559.00p 553.40p 556.60p 5,937,970 16:35:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Aerospace & Defence 16,821.0 1,224.0 31.3 17.8 17,897

BAE Systems: 2019 Earnings to Benefit After Settling of Overseas Tax Matter

18/07/2019 8:01am

Dow Jones News


Bae Systems (LSE:BA.)
Historical Stock Chart

3 Months : From Jul 2019 to Oct 2019

Click Here for more Bae Systems Charts.
   By Oliver Griffin 
 

BAE Systems PLC (BA.LN) said Thursday that it will have a one-off non-cash benefit in its 2019 earnings after it settled an overseas tax matter.

The British defense company said it would also recognize a provision after the European Commission ruled that the U.K.'s Controlled Foreign Company regime partially represents state aid.

Following these two factors, BAE said it expects to book a net earnings per share benefit to underlying earnings in 2019 of around 5 pence.

 

Write to Oliver Griffin at oliver.griffin@dowjones.com; @OliGGriffin

 

(END) Dow Jones Newswires

July 18, 2019 02:46 ET (06:46 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

1 Year Bae Systems Chart

1 Year Bae Systems Chart

1 Month Bae Systems Chart

1 Month Bae Systems Chart
Your Recent History
LSE
BA.
Bae System..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20191014 17:51:17