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The UK aerospace and defense company posted a pre-tax profit of £2.43 billion (around €28 bn) for 2023 compared with a pre-tax loss of £1.50 billion (around €1.7 bn) the year before. Revenue rose to £16.49 billion (around €19 bn) from £13.52 billion (around €15.7 bn), beating Visible Alpha consensus of £15.33 billion. Underlying operating profit—a key metric that strips out exceptional and other one-off items—rose by £900 million (around €1.05 bn) to £1.59 billion (around €1.8 bn). Free cashflow was around €1.5 billion. New Saudi investment firm teams up with SoftBank and Chinese Dahua Technol…

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