Rolls-Royce Has Announced Another Set of Forecast-Beating Results -- Market Talk

Dow Jones02-27

1051 GMT - Rolls-Royce has once again released a much better set of results than sell-side expectations, Berenberg analysts write. The 2025 guidance is above-consensus, with operating profit and free cash flow set to grow at a mid-teens level year-on-year, in the bank's view. The previously announced dividend introduction is specified at 6 pence. "The new news today is the introduction of a 1 billion pound share repurchase program and the rolling forward of the medium-term guidance to 2028." The new midterm guidance is comfortably ahead of consensus, it says. Berenberg says the results are good, but it thinks there is greater value elsewhere based on valuation multiples. Shares rise 18.6% to 749 pence. (dominic.chopping@wsj.com)

 

(END) Dow Jones Newswires

February 27, 2025 05:51 ET (10:51 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment