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- 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 2027, four times 2022's outcome and double its guidance for up to 1.4 billion pounds this year.
www.reuters.com/business/aerospace-defense/rolls-royce-aims-big-jump-civil-aerospace-profitability-2023-11-28/Rolls-Royce aims to quadruple profit in five years | Reuters
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Oct 3, 2024 · Rolls-Royce ‘s (LSE:RR.) earnings have rocketed since the depths of the pandemic, driving the value of its shares skywards. At 526p, the FTSE 100 engineer’s share price has grown almost 290% in...
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
This Annual Report contains forward-looking statements. Any statements that express forecasts, expectations and projections are not guarantees of future performance and guidance may be updated from time to time.
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
Nov 28, 2023 · LONDON, Nov 28 (Reuters) - Rolls-Royce (RR.L) aims to quadruple profit in the next five years by boosting the performance of its jet engines and bearing down on costs in boss Tufan...