Rolls-Royce, Business, UK news Business | The Guardian
Engine-maker restores dividend as chief executive hails company’s transformation from ‘burning platform’Business live – latest updatesRolls-Royce has continued its remarkable resurgence, raising its profit forecasts and restoring shareholder payouts, in a half-year results statement that sent the engine-maker’s shares roaring to their highest level in more than a decade.Revenues climbed by 19% to £8.2bn, boosted by the post-Covid recovery in civil aerospace, while pre-tax profit almost doubled from £524m to £1bn when stripping out exchange rate effects. Continue reading…
Engine-maker restores dividend as chief executive hails company’s transformation from ‘burning platform’
Business live – latest updates
Rolls-Royce has continued its remarkable resurgence, raising its profit forecasts and restoring shareholder payouts, in a half-year results statement that sent the engine-maker’s shares roaring to their highest level in more than a decade.
Revenues climbed by 19% to £8.2bn, boosted by the post-Covid recovery in civil aerospace, while pre-tax profit almost doubled from £524m to £1bn when stripping out exchange rate effects.
