Bae Systems displays his confidence in the future. The British Defense giant anticipates an increase of 8% to 10% of its underlying profit this year, in accordance with its objectives for 2025. In a world in strategic recomposition, the group is focusing on the increase in military budgets and continues to invest to increase its production capacity. “We keep our long -term commitments while preparing our portfolio to support the growth of tomorrow,” said its CEO Charles Woodburn. The group has not detailed its quarter results, but is a favorable dynamic for the entire sector.
In the process, Deutsche Bank publishes a positive note: “We anticipate a revival of dynamism for the actions of BAE, carried out by more positive American perspectives, a possible re-engagement of the EU and the next strategic defense review of the United Kingdom, favorable to investment. Despite uncertainties as to the calendar of important orders from Typhoon from Saudi Arabia, Turkey and Qatar, the overall dynamics of orders remains solid. We believe that exposure to American customs duties is contained. ” Details Christophe Menard
