Rolls-Royce Holdings plc has seen over 50% increase in YTD, but can that continue with the new Labour government in power now? The company could lose some bargaining power to trade unions with the recently witnessed industrial action. However, the Labour government's increased defense spending can probably lead to higher revenues. The new government's stance on SMR development would also be worth watching. Meanwhile, though, Rolls-Royce has seen good business progress, and its market multiples look alright too.
Rolls-Royce Holdings PLC (LSE:RR.) is facing another potential new competitor in the mini-nukes or small modular reactor (SMR) market.
Rolls-Royce Holdings PLC (LSE:RR.) first-half results are expected to see the engine maker's management upgrade guidance as airline flying hours exceed pre-pandemic levels, with analysts wondering if dividend resumption will be mentioned.
Rolls-Royce is in mid-execution of a turnaround with EPS estimated to grow 23% in 2025. The three business lines are in high demand and may provide pricing power that could boost margins from 10% to 15% by 2026. Share price rally is not fully reflected in valuation at 1.2x PEG.
Issues with Rolls-Royce Holdings PLC's (LSE:RR.) Trent 7000 engine "could become an issue" said Citigroup after an aerospace magazine ran an article about its reliability being "under the spotlight".
Rolls-Royce Holdings PLC (LSE:RR.) boss Tufan Erginbilgic believes the UK is at risk of getting left behind in the mini-nuclear reactor industry if the first projects aren't approved before the end of the year.
Rolls-Royce Holdings PLC (LSE:RR.) has announced that its MT30 marine gas turbine has been selected to power Japan's new destroyer-class warships.
RYCEY has successfully reversed its fortunes after facing extreme challenges during the COVID-19 pandemic, while guiding excellent growth through 2027. Given the "Power by the Hour" business model and recovering air travel trends, it is unsurprising that the new CEO has delivered robust FY2023 numbers while offering excellent FY2024 guidance. Combined with the improving balance sheet health and growing LTSAs, we believe that RYCEY remains well poised for robust growth as observed in the raised consensus forward estimates.
Rolls-Royce Holdings PLC (LSE:RR.) chief executive Tufan Erginbilgic said the engine maker made a "strong start" in the first four months of 2024 and maintained guidance for the full year.
Rolls-Royce Holdings PLC (LSE:RR.) chief executive Tufan Erginbilgic said the engine maker made a "strong start" in the first four months of 2024 and maintained guidance for the full year.
British engineer Rolls-Royce said it was on track to meet its 2024 forecasts as air travel continues to grow, demand for power data centres picks up and long-term contracts buoy its defence unit.
At the Rolls-Royce Holdings PLC (LSE:RR.) trading update on Thursday an update on the "evolution of large engine flying hours will be key", said Deutsche Bank.