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Rolls-Royce raises outlook, plans up to $12 billion share buyback as engine demand boosts growth
Rolls-Royce sees profits of over £4 billion this year as the engine and power systems maker promises another year of robust growth.
Rolls-Royce Holdings PLC has upgraded its medium-term targets and unveiled plans to return up to £9 billion to shareholders after reporting another sharp jump in profits and cash flow. The FTSE 100 ...
It is the improved cash flow that is really driving Rolls’ valuation higher, though. Free cash flow rose by 35 per cent to £3.3bn, and with the company lifting the medium-term target by 18 per cent to ...
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