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A model of an Ultrafan On the Rolls-Royce Holdings PLC is on the second day of Farnborough International Airshow in Farnborough, the United Kingdom, on Tuesday, July 23, 2024.
Bloomberg | Bloomberg | Getty images
British aerospace group Rolls-Royce On Thursday, he published profits of the whole year more solid than expected after making a “significant” transformation and declare a repurchase of shares of £ 1 billion ($ 1.27 billion).
Rolls-Royce, which manufactures reaction engines for commercial airplanes along with energy and submarine energy systems, improved its orientation in the middle of the period after exceeding the expectations of analysts by 2024 by publishing a 57% increase in annual gains.
The company also restored the dividends of the shareholders and embarked on a shares of shares of £ 1 billion.
Rolls-Royce actions emerged in the news, up to 16% shortly after the opening bell to a maximum of 52 weeks. The rise in shares had been reduced slightly to 15% to 8:33 am, London time.
“We are two years on a transformation trip of several years (Y) we have made significant progress,” said Helen McCabe, CFO of Rolls-Royce, to CNBC. “Squawk Box Europe“Thursday.
“It is a culmination that we let us know about our promises,” McCabe said, citing the expanding profit potential of the engines and improving the general balance.
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