BAE Systems Continues to See Underlying EPS in Line With 2017
10 May 2018 - 4:54PM
Dow Jones News
By Carlo Martuscelli
BAE Systems PLC (BAESY) said Thursday that it backed its outlook
for the year and that it continues to expect underlying earnings
per share to be in line with 2017.
The U.K. defense company said that discussions to finalize the
financing conditions relating to the contract signed with Qatar on
Dec. 10 are progressing. The contract is for the provision of
Typhoon jet fighters to the Qatar Emiri Air Force along with
support and training.
"We have a large order backlog and strong franchises with good
prospects to further these positions in the coming months," the
company said.
"The new organization structure is now established to drive our
strategic priorities to deliver both in year targets and to provide
a solid foundation for medium-term growth," it said.
Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com
(END) Dow Jones Newswires
May 10, 2018 02:39 ET (06:39 GMT)
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