BAE Systems Backs 2019 View; Chairman Roger Carr to Retire in 2023
07 Noviembre 2019 - 1:54AM
Noticias Dow Jones
By Adria Calatayud
BAE Systems PLC (BA.LN) on Thursday reaffirmed its guidance for
2019 and said Chairman Roger Carr plans to retire in May 2023.
The U.K. defense company said it continues to expect underlying
earnings per share--excluding one-off tax benefits--to grow by a
mid-single digit percentage compared with last year, when it was
reported at 42.9 pence ($0.55).
BAE said it continues to target free cash flow of more than GBP3
billion over the three years from 2019 to 2021 and expects year-end
net debt to be broadly unchanged on year.
BAE said production ramp-up of the F-35 program is progressing
well and is on track to achieve full rate production levels
targeted in 2020.
Write to Adria Calatayud at
adria.calatayudvaello@dowjones.com
(END) Dow Jones Newswires
November 07, 2019 02:39 ET (07:39 GMT)
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