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- Rolls-Royce's mid-term targets are underlying operating profit of £2.5bn to 2.8bn and free cash flow of £2.8bn to 3.1bn. The company said by the end of 2024 it expected to deliver more than 75% of the profit and more than 65% of the free cash flow improvement.
www.business-live.co.uk/manufacturing/rolls-royce-sees-profits-soar-29654650
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Feb 22, 2024 · Underlying operating profit of £1.6bn and underlying margin of 10.3%, reflecting the impact of our strategic initiatives, with commercial optimisation and cost efficiency benefits across the Group. Record free cash flow of £1.3bn driven by operating profit and continued LTSA balance growth.
Feb 22, 2024 · Rolls-Royce has said its annual profits more than doubled in 2023 and forecast further growth in 2024, extending a powerful rally in its share price over the past year.
- Sylvia Pfeifer
Mar 6, 2024 · The reasons why Rolls Royce struggled until last year were due to continued evidence of inefficiencies, unnecessary layers of costs and a level of profitability that looked to be far below...
Nov 28, 2023 · Setting out a strategy that has been almost a year in the making, the chief executive said on Tuesday he would deliver up to 2.8 billion pounds ($3.5 billion) in annual operating profit by...
ROLLS-ROYCE HOLDINGS PLC - 2022 Full Year Results Improved orders, revenue, profit and cash flow in 2022 - Strong new order wins in Civil Aerospace and Defence and a record order book in Power Systems - Underlying operating profit of £652m, £238m higher than the prior year, with the increase driven by Civil Aerospace and Power Systems
Rolls-Royce Holdings plc announced today its trading update to 30 November 2021. Driving better results and order intake. Benefit of cost reductions and market recovery reflected in improving free cash flow.
Dec 20, 2023 · LONDON, Dec 20 (Reuters) - The chief executive of Rolls-Royce (RR.L) said on Wednesday his mission to lift the British company's profits was compatible with continuing to gain market share and...