2023-04-18 14:04:12
By Le Figaro with AFP
Posted
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The American defense group Lockheed Martin published a very slight increase in turnover in the first quarter and confirmed its outlook for 2023, in a press release published on Tuesday. In the first three months of the year, the company earned a turnover of 15.1 billion dollars (+ 1%) against 14.9 billion dollars a year earlier, a figure higher than analysts’ expectations . Net profit, meanwhile, fell slightly to 1.69 billion dollars (-2.5% over one year).
Excluding exceptional items, earnings per share, which refers to Wall Street, rose to 6.61 dollars against 6.44 dollars a year ago. This is more than anticipated by analysts polled by Bloomberg. For the current year, Lockheed has confirmed its outlook. The manufacturer still anticipates a turnover of between 65 and 66 billion dollars, against 66 billion achieved in 2022.
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The company also expects adjusted earnings per share excluding special items of between $26.60 and $26.90. In the first three months of the year, the aeronautics division, which produces the F-35 fighters and the C-130 military transport planes, saw its turnover fall by 2% to some 6.3 billion dollars. .
The missile division also fell (-3%) to around $2.4 billion. The turnover of the departmentRotary and Mission(helicopters, electronic systems, education, training) is also down slightly (-1%) to 3.5 billion dollars. Conversely, the Space division saw its sales climb 16% over this period to reach $2.9 billion.
The action rose 1.3% to 496 dollars in electronic trading before the opening of the session on Wall Street. In a context of war in Ukraine and persistent tensions with China, Defense remains one of the priorities of the American budget, with an increase of more than 3% in planned spending, for a total of 842 billion dollars.
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