Rolls-Royce Holdings PLC (LSE:RR.) is hoping to open up the space sector as new markets for its nuclear power technology.
Rolls-Royce Holdings PLC (LSE:RR.) has faced further criticism over aircraft engine servicing delays which have prompted cancellations at the likes of British Airways and Virgin.
Rolls-Royce's turnaround plan, led by new CEO Tufan Erginbilgic, focuses on cost reductions, operational efficiency, and increasing margins, showing early signs of success. The company's civil aerospace division, benefiting from the post-pandemic air travel recovery, has significantly boosted operating profit and free cash flow. Rolls-Royce trades at a discount to peers despite strong financial improvements, presenting a buying opportunity as the business continues to perform well.
Rolls-Royce's recent trading update continues to reflect progress, with developments in power systems and new markets looking particularly good. The stock's forward P/E also continues to reflect upside both in the near term and the medium term. The company faces a risk from supply chain challenges that can affect its fast growing civil aerospace segment. But for now, the risk appears controlled.
Rolls-Royce Holdings PLC (LSE:RR.) has had a buy rating and three-year price target of 665p reiterated by Panmure Liberum after the aero-engine maker left guidance unchanged in yesterday's update.
Rolls-Royce Holdings PLC (LSE:RR.) dipped over 4% on Thursday after the engine maker's move to double down on guidance underwhelmed given a backdrop of heightened expectation.
Rolls-Royce Holdings PLC (LSE:RR.) has doubled down on guidance despite ongoing supply chain issues as demand across the defence and civil aerospace sectors remains strong.
British engineering company Rolls-Royce stuck to guidance for profit growth this year despite the supply chain challenges it said were affecting it and leading to delays for parts.
Rolls-Royce Holdings PLC (LSE:RR.) shares surged to a record high on Wednesday as Donald Trump's election win over Kamala Harris sent defence stocks higher.
Rolls-Royce Holdings PLC (LSE:RR.) chief Tufan Erginbilgic has advised Labour Chancellor Rachel Reeves to avoid policies that could hinder economic growth ahead of her maiden Budget.
Rolls-Royce Holdings PLC (LSE:RR.)'s mini nuclear reactor business has posted a £78 million loss for last year as news on government support for the industry is awaited.
Rolls-Royce Holdings PLC (LSE:RR.) is being tipped for an upbeat third-quarter trading update on 7 November by UBS but with an emphasis on the long-term potential.