Trading updates of three LSE listed companies – BA., AAL & HAS

February 26, 2020 12:02 PM GMT | By Kunal Sawhney
 Trading updates of three LSE listed companies – BA., AAL & HAS

BAE Systems PLC

BAE Systems PLC (LON: BA.) is a Farnborough, United Kingdom domiciled security, defence and aerospace group with operations spread in many countries across the world. The group delivers a wide range of advanced defence technology and services that covers air, land, naval forces and cyber domains, maintains critical infrastructure and information security with the help of an employee base of 85,800 people spread across over 40 countries. The business of the company is divided into five operating segments, namely Maritime, Air, Cyber & Intelligence, Platforms & Services (US), Â and Electronic Systems.

The shares of the company are listed on the Premium main market segment of the London Stock Exchange where they are identified and traded with the ticker name BA. and the shares are part of the FTSE 100 Index as well.

Trading Update

The company on 20 February 2020 came out with a trading update on its financial performance for the year 2019.

  • The group sales of the company for the year stood at £20,109 million compared to £18,407 million registered for the previous year.
  • Underlying EBITA came in at £2,117 million compared to £1,928 million in the year-ago period
  • The group underlying earnings per share (including one-off tax benefit) of the company for the year stood at 50.8 pence compared to 42.9 pence for the previous year.

BAE Systems Plc Stock Trading Performance at The London Stock Exchange

Source- Thomson Reuters

The shares of the company were trading at GBX 626.00 on the LSE on 26 February 2020. The market capitalisation of the stock based on the current price was around £20.51 billion.

In the past 52 weeks of trading on the exchange, the shares of the company have touched a price of GBX 672.8 on the higher side and a price of GBX 439.4 on the lower side.

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Outlook

The company has given a good financial performance for the year. The revenue and EPS figures are as per market expectations. The company’s order backlog is currently twice the size of its annual revenue for the year 2019, which places it comfortably as far as future revenue visibility is concerned. In the year 2020 and a couple of years there after there could an increased order flow from the British Government as it increases its public spending after the past couple of years of fiscal tightening due to Brexit.

Anglo American Plc

Anglo American Plc (LON:AAL) is a mining and mineral exploration major. Its interests include iron ore, bauxite, nickel, copper, platinum, coal, manganese, diamonds, other precious stones and most of the other mineral resources. The company’s operations are located in Chile, South Africa, Peru, Columbia, Australia and Brazil, among others. The company is one of the largest mining and mineral resources companies of the world with dual headquarters in London and Johannesburg.

The shares of the company are listed for trading on the London Stock Exchange, as well as on the Johannesburg Stock Exchange. In the London Stock Exchange, the shares of the company are traded with the ticker name AAL. The shares of the company also form part of the FTSE 100 Index.

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Results Update

The company on 20 February 2020 came out with a trading update on its financial performance for the year ending on 31 December 2019.

  • The revenues of the company for the year stood at $ 29,870 million compared to a revenue of $27,610 million for the comparable period ending on 31 December 2018, registering a growth of 8 per cent.
  • Underlying EBITDA came in at $10,006 million, up 9% over the year-ago period.
  • The underlying earnings per share for the period stood at $ 75 compared to an underlying earnings per share of $2.55 for the comparable period ending on 31 December 2018.

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Anglo American Plc Stock Trading Performance at The London Stock Exchange

Source- Thomson Reuters

The shares of the company were trading at GBX 1,892.40 on the LSE on 26 February 2020. The market capitalisation of the stock based on the current price was around £26.48 billion.

In the past 52 weeks of trading on the exchange, the shares of the company have touched a price of GBX 2,294.00 on the higher side and a price of GBX 1,654.80 on the lower side.Â

Outlook

The performance of the company for the year has been as per market expectations. The company on the one hand benefited from the strengthening of prices of precious metals and iron ore and on the other hand suffered on account of softening of prices of coal and diamond. The company for the year has been able to deliver on enhanced safety and operational efficiency resulting in significant savings.

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Hays PLC

Hays Plc (LON:HAS) is a London, the United Kingdom domiciled recruitment services company. The company’s geographical business is differentiated in four segments: Australia & New Zealand, Germany, United Kingdom and Ireland and Rest of World. The group has its operations across 265 offices in 33 countries

The shares of the company are listed on the premium main market segment of the London Stock Exchange where they are identified and traded with the ticker name HAS, and the shares are part of the FTSE 250 index as well.

Trading Update

The company on 20 February 2020 came out with a trading update on its financial performance for the half year ending on 31 December 2019.

  • The net fees earned by the company for the period stood at £553.1 million compared to net fees of £568.0 million for the comparable period ending on 31 December 2018, registering a de-growth of 3 per cent.
  • Operating profit declined by 19% to £1 million in FY2019.
  • The basic earnings per share for the period stood at 4.60 pence compared to basic earnings per share of 5.86 pence for the comparable period ending on 31 December 2018.

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Hays PLC Stock Trading Performance at The London Stock Exchange

Source- Thomson Reuters

The shares of the company were trading at GBX 145.30 on the LSE on 26 February 2020. The market capitalisation of the stock based on the current price was around £2.19 billion.

In the past 52 weeks of trading on the exchange, the shares of the company have touched a price of GBX 186.00 on the higher side and a price of GBX 127.08 on the lower side.

Outlook

The revenue performance of the company for the year was weak on account of choppy trading environment in the United Kingdom. The company expects to perform better in the coming year as trading conditions improve.


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