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BAE SYSTEMS Half-year Results 2003

September 11, 2003

Highlights

  • A solid operating performance in the first half with results in line with expectations

  • North America, Customer Solutions & Support and Commercial Aerospace businesses have continued to perform well

  • Good cash performance with net debt at the end of the period better than expectations

  • Decisive steps taken to ensure best practice programme management is applied consistently across the company

  • Interim dividend maintained at 3.7p per share

Results in brief

Order book 1£46.4 billion
Sales £5,682 million
Profit before interest 2£465 million
Earnings per share 27.2p
Dividend per share 3.7p
Operating cash inflow £273 million
Net debt £1,254 million

View the full press release


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