BAE Systems (BA.)

Sector:

Defense and Aeronautics

Index:

FTSE 100

794.60p
   
  • Change Today:
      3.00p
  • 52 Week High: 838.40
  • 52 Week Low: 528.80
  • Currency: UK Pounds
  • Shares Issued: 3,145.82m
  • Volume: 696,849
  • Market Cap: £24,997m
  • RiskGrade: 108

BAE Systems Q1 trading in line with expectations

By Iain Gilbert

Date: Thursday 05 May 2022

LONDON (ShareCast) - (Sharecast News) - Aerospace company BAE Systems said on Thursday that first-quarter trading was in line with expectations, with strong order intake and good operational performance being maintained throughout the period.
BAE Systems stated full-year 2022 guidance across all metrics was unchanged despite ongoing pressures on its supply chains, delivery lead times, and people resourcing. Sales were projected to rise 2-4% year-on-year, while underlying earnings were seen growing 4-6% against 2021.

The FTSE 100-listed firm highlighted that its geographic diversity had positioned it "strongly", as many of the countries in which it operates have announced increased spending to counter "the elevated and evolving threat environment" on multiple fronts.

BAE also added that its 2021 final dividend of 15.2p per share will be paid, subject to shareholder approval, on 1 June.

Chief executive Charles Woodburn said: "Trading in the first quarter has been in line with expectations with strong order intake and good operational performance being maintained.

"Looking forward, our diverse portfolio, together with our focus on programme execution, cash generation and efficiencies, are helping us to navigate the challenging operating environment in the near term, while positioning us well for sustained top line and margin growth in the coming years, alongside accelerating our ESG agenda. Additionally, we see opportunities to further enhance the medium- term outlook as our customers address the elevated threat environment."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BAE Market Data

Currency UK Pounds
Share Price 794.60p
Change Today 3.00p
% Change 0.38 %
52 Week High 838.40
52 Week Low 528.80
Volume 696,849
Shares Issued 3,145.82m
Market Cap £24,997m
RiskGrade 108

BAE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
86.21% below the market average86.21% below the market average86.21% below the market average86.21% below the market average86.21% below the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average
Price Trend
92.72% above the market average92.72% above the market average92.72% above the market average92.72% above the market average92.72% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income
11.75% above the market average11.75% above the market average11.75% above the market average11.75% above the market average11.75% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Growth
27.15% below the market average27.15% below the market average27.15% below the market average27.15% below the market average27.15% below the market average
38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average

What The Brokers Say

Strong Buy 7
Buy 2
Neutral 8
Sell 0
Strong Sell 0
Total 17
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BAE Dividends

  Latest Previous
  Interim Final
Ex-Div 20-Oct-22 21-Apr-22
Paid 30-Nov-22 01-Jun-22
Amount 10.40p 15.20p

Trades for 09-Aug-2022

Time Volume / Share Price
11:12 5,025 @ 794.61p
11:12 267 @ 794.51p
11:11 19 @ 794.60p
11:11 39 @ 794.60p
11:10 162 @ 794.40p

BAE Key Personnel

Chair Roger Carr
CEO Charles Woodburn

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