Bae Defends Fall in Profits

Summary


DEFENCE giant BAE Systems has revealed a fall in half-year sales and profits.

The company, which employs more than 400 people in Radway Green, near Alsager, posted sales of Pounds 9.2 billion for the six months to June 30, down from Pounds 10.6 billion in the same period last year.

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Extract


Bae Defends Fall in Profits

Operating profit was also down, f...

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