BAE Systems Reports Higher Profit and Projected Growth

BAE Systems Plc has reported a slight increase in profit for fiscal 2024, backed by revenue growth. The company anticipates earnings per share to rise 8-10% in fiscal 2025, signaling positive expectations for investors.

Date: 19-02-2025

AI Rating: 8

BAE Systems Plc shows a strong performance in multiple key financial metrics in the recent report. **Earnings Per Share (EPS)** for fiscal 2024 increased to 64.1 pence from 60.4 pence in the previous year, indicating growth. For fiscal 2025, the company projects underlying EPS to rise by 8% to 10% from last year's 68.5 pence, suggesting continued profitability. **Revenue Growth** saw a significant increase of 14%, with revenues reaching 26.31 billion pounds from 23.08 billion pounds last year. The projected sales growth of 7% to 9% for the upcoming year indicates that the company can maintain momentum in its operations. The report also highlights an increase in underlying sales to 28.34 billion pounds, up 14% from the prior year. Furthermore, **Net Income** improved slightly to 2.332 billion pounds from 2.326 billion pounds, reinforcing the company’s financial stability. Underlying profit before tax also rose, reinforcing the growth narrative. Although **Order Intake** decreased from the previous year, the order backlog has increased significantly, suggesting a strong future potential, despite the short-term drop. **Profit Margins** were not explicitly discussed, but the overall growth in revenues and profits implies healthy margins. The company also announced a dividend increase to 33.0 pence from 30.0 pence, reflecting confidence in future cash flows and providing returns to shareholders. Overall, BAE Systems presents a positive outlook driven by revenue growth and rising EPS, although investors should keep an eye on the order intake decreases.

Stocks: BAE