Summary
DEFENCE group BAE Systems yesterday said it continued to expect "good growth" for 2009 despite impairments causing it to report a first half loss.
BAE, which runs two plants on Tyneside, posted a pounds 44m pre- tax loss, from a pounds 791m profit last year, after taking non- cash hit relating to a previous acquisition and currency-related financial instruments.See the full content of this document
Extract
Bae Expects 'Good Growth' Despite Pounds 44m Loss
But the firm, which has benefited in recent years from high levels of militar...
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