0734 GMT - BAE Systems' 2025 results are in line with expectations, but its free cash flow was 633 million pounds better than consensus, JPMorgan analysts say in a research note. The U.K. defense company's free cash flow guidance has been very conservative in recent years, they note. BAE could significantly change its medium-term outlook if both the U.S. and the U.K. governments increase their defense budgets, as indicated by President Trump and British Prime Minister Keir Starmer, they say. Shares closed at 20.29 pounds. (cristina.gallardo@wsj.com)
(END) Dow Jones Newswires
February 18, 2026 02:37 ET (07:37 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.