The BAE Systems plc Board has recommended a final dividend of 15.2p for a total of 25.1p for the full year. Subject to shareholder approval at the May 2022 Annual General Meeting, the dividend will be paid on 1 June 2022 to holders of Ordinary shares registered on 22 April 2022.
Other financial highlights include:
- Sales increased by £0.4bn to £21.3bn, a 5% increase, excluding the impact of currency translation.
- Underlying EBIT increased to £2,205m, a 13% increase on a constant currency basis.
- Underlying earnings per share increased by 12% on a constant currency basis to 47.8p, excluding the impact of the current year one‑off tax benefit.
- Free cash flow was £1,864m (2020 inflow of £1,367bn, excluding the £1bn contribution into the UK pension scheme).
- Net debt (excluding lease liabilities) decreased to £2,160m (2020 £2,718m).
- Order intake increased by £0.6bn to £21.5bn (2020 £20.9bn).
- Order backlog decreased by £1.2bn to £44.0bn (2020 £45.2bn).
