Rolls-Royce Shares Soar After Major Profit Forecast Upgrade ...Middle East

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Rolls-Royce Shares Soar After Major Profit Forecast Upgrade
source : OILPRICE ( Middle East ) () 63
FTSE 100 giant Rolls-Royce said it expects profit for the full-year to be 26 per cent higher than the previous financial year after a hefty boost from its civil aerospace and defence divisions. The Derby-headquartered group is eyeing an operating profit of £3.1bn to £3.2bn after upgrading its earlier guidance of £2.7bn to £2.9bn. This would mark a major jump from the £2.5bn scored in the 2024 financial year. The London-listed has benefited from tailwinds in the recovery of global air travel, which has bolstered its…

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