Transcription of Half-yearly Report 2021
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Half-yearly Report 2021
Half-yearly Report 2021 BAE Systems Half-yearly Report 2021 1 BAE Systems plc Half-yearly Report 2021 Results in brief Financial performance measures as defined by the Group1 Financial performance measures derived from IFRS2 Six months ended 30 June 2021 Six months ended 30 June 2020 Year ended 31 December 2020 Six months ended 30 June 2021 Six months ended 30 June 2020 Year ended 31 December 2020 Sales 10,035m 9,871m 20,862m Revenue 9,339m 9,180m 19,277m Underlying EBIT3 1,028m 849m 2,037m Operating profit 1,303m 808m 1,930m Underlying earnings per share3 Basic earnings per share excluding one-off tax benefit (2021 only) including one-off tax benefit (2021 only) Free cash flow3 Net cash flow from operating activities 623m (727)m 1,166m excluding 1bn pension contribution (2020 only) 461m (110)m 1,367m including 1bn pension contribution (2020 only) 461m (1,1)
– The fifth Astute Class submarine, HMS Anson, was launched in April. ... – The US-based Intelligence & Security business continues to increase its bid pipeline, perform on existing contracts and win new orders. – Applied Intelligence performed well, benefiting from high levels of customer demand and ongoing ...
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