DJ BAE Systems Was Helped by Increased US Defense Spending -- Market Talk
1028 GMT - Shares in BAE Systems are among the biggest FTSE 100 risers, up 3.6% after the arms group reported higher annual profit and achieved its earnings-per-share target. Hargreaves Lansdown says the company benefited from increased U.S. government defense spending. "BAE also seems to think this level of spending will be sustained in the near-term, which would be good news," says HL's Sophie Lund-Yates. "BAE has made progress on its hefty pension deficit, having agreed to make a debt-funded GBP1 billion payment in the coming months. That means the decks are being cleared faster than originally planned and there's scope for free cash-flow to sail higher from 2022." (philip.waller@wsj.com)
(END) Dow Jones Newswires
February 20, 2020 05:31 ET (10:31 GMT)
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DJ BAE系統得益於美國國防開支的增加--市場對話
1028 GMT-BAE系統公司的股票是富時100指數上漲幅度最大的公司之一,上漲3.6%,此前該公司公佈了更高的年度利潤,並實現了每股收益目標。HargreavesLansdown説,該公司受益於美國政府增加的國防開支。“BAE似乎也認為這種支出水平將在短期內維持下去,這將是個好消息,”HL的索菲·倫德-耶茨説。“BAE在解決鉅額養老金赤字方面取得了進展,它同意在未來幾個月支付債務融資的10億英鎊。這意味着,甲板的清理速度比原先計劃的要快,而且從2022年開始,自由現金流將有更高的空間。”(philip.waler@wsj.com)
(完)道瓊斯通訊社
2020年2月20日05:31(格林尼治時間10:31)
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