BAE Systems PLC (OTCPK:BAESY)
$ 69.75 0.05 (0.07%) Market Cap: 52.92 Bil Enterprise Value: 56.29 Bil PE Ratio: 22.84 PB Ratio: 3.92 GF Score: 63/100
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Full Year 2023 BAE Systems PLC Earnings Call Transcript

Feb 21, 2024 / 09:00AM GMT
Release Date Price: $63.42 (-0.90%)
Operator

Good day, and thank you for standing by. Welcome to BAE Systems 2023 Full Year Results Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded. I would now like to hand the call over to Mr. Charles Woodburn, Chief Executive Officer. Thank you. Please go ahead.

Charles Woodburn
BAE Systems plc - Group CEO & Executive Director

Good morning, everyone. I'm incredibly proud of the results we're presenting today and of the work our people have done to get us here. Before we talk about our 2023 performance, it's worth reflecting on the increased conflict and instability we're facing in Europe, the Middle East and other parts of the world. These global events bring into sharp focus how essential our work is in the defense sector, helping protect national security and providing critical capabilities.

As we walk through the financials and opportunities ahead, we hope you'll be left with 3 clear messages. First, 2023 was another year of strong operational and financial delivery with high-quality earnings and cash

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