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home / news releases / bae systems stock is a buy here is why


BAESY - BAE Systems Stock Is A Buy: Here Is Why

2024-05-12 21:36:47 ET

Summary

  • BAE Systems sales grew 9% to £25.3 billion, but margin expansion remains absent.
  • Solid free cash flow growth of £643 million to £2.6 billion outpaces earnings and sales growth.
  • BAE Systems expects 10-12% revenue growth in 2024, driven by the acquisition of Ball Aerospace, but segment margin expansion is limited.

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For further details see:

BAE Systems Stock Is A Buy: Here Is Why
Stock Information

Company Name: BAE Systems plc ADR
Stock Symbol: BAESY
Market: OTC

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