Bae Systems Plc · LSE:BA.
Bae Systems — Investor Presentation (March 2021)
7 slides from Bae Systems's investor presentation, March 2021
Slide 1: Change in key measure of operational profitability to Underlying EBIT
Change in key measure of operational profitability to Underlying EBIT as set out in the 2020 Preliminary Announcement March 2021 baesystems.com Cautionary statement: All statements other than statements of historical fact included in this document, including, without limitation, those regarding the
Slide 2: Measure of Profitability: Underlying EBIT & EPS
2 Measure of Profitability: Underlying EBIT & EPS • As set out in the 2020 Preliminary Announcement, from 2021 the Group will adopt an Underlying EBIT measure of operational profitability in place of the previously reported Underlying EBITA measure • This metric better reflects underlying operationa
Slide 3: Re-presentation of year ended 31 December 2020
3 Re-presentation of year ended 31 December 2020 Software and development Underlying Underlying intangible Underlying Underlying Sales EBITA EBITA margin1 amortisation EBIT EBIT margin1 Year ended 31 December 2020 £m £m % £m £m % Electronic Systems 4,557 684 15.0% (10) 674 14.8% Platforms & Services
Slide 4: Re-presentation of half year ended 30 June 2020
4 Re-presentation of half year ended 30 June 2020 Software and development Underlying Underlying intangible Underlying Underlying Sales EBITA EBITA margin1 amortisation EBIT EBIT margin1 Half Year ended 30 June 2020 £m £m % £m £m % Electronic Systems 2,203 291 13.2% (5) 286 13.0% Platforms & Service
Slide 5: 2021 Group guidance
5 2021 Group guidance(1) Guidance is provided based on a $1.35:£1 exchange rate Targeting good top and bottom line growth and 3 year cash expansion 1) Whilst the Group is subject to geopolitical and other uncertainties, the guidance is provided on current expected operational performance 2) On a con
Slide 6: 2021 Guidance – Reporting Segments
6 2021 Guidance(1) – Reporting Segments Guidance is provided based on a $1.35:£1 exchange rate Electronic Platforms & Cyber & Systems Services (US) Air Maritime Intelligence 2020 Actual Sales £4,557m £3,503m £7,910m £3,257m £1,812m Underlying EBIT margin 14.8% 5.4% 11.5% 8.6% 7.5% Segmental Guidance
Slide 7: Further information
7 Further information • For further information please contact Martin Cooper Investor Relations Director Telephone: +44 (0) 1252 383455 Email: investors@baesystems.com ©2021 BAE Systems. All rights reserved