Rolls-Royce shares jump 8% after 2023 profits more than double
Publishing timestamp: 2024-02-22 11:54:26
Summary
Rolls-Royce more than doubled its annual profits in 2023, with shares jumping over 8% and forecasted further momentum for the year. The company's transformation has delivered record performance, driven by commercial optimization, cost efficiencies, and strategic initiatives. Forecasting at least 6% growth in underlying operating profit for 2024.
Sentiment: POSITIVE
Tickers: RR.-GB,
Keywords: aerospace and defense industry, earnings, investment strategy, breaking news: investing, breaking news: markets, markets, business news,