Rolls - Royce Holdings plc LSE: RR silniki m.in. lotnicze, turbiny

[slayer74]

Rolls-Royce was easily the biggest gainer of the day, with its shares up by 7.4%, followed by Barclays with a 3.5% increase.

[slayer74]

Engine maker Rolls-Royce Holdings rallied by 7.03% as Citi lifted its price target on the shares and pointed to "a clear route to much better cash flow."

[slayer74]

Rolls-Royce rose after it announced the appointment of BP's Helen McCabe as its new chief financial officer.

[slayer74]

Despite the uncertainty connected to one of its key markets, Rolls-Royce raced to the top of the FTSE 100 index as analysts at Jefferies swung behind the engines maker with an improved target price of 210p.

[slayer74]

Rolls-Royce Holdings suffered a 2.61% loss after it emerged that it was reportedly abandoning part of its carbon capture operation.

[slayer74]

producent silników Rolls-Royce wzrósł, podnosząc swoje całoroczne prognozy po mocnym pierwszym półroczu, podczas gdy British American Tobacco również wzrósł dzięki wynikom.

[slayer74]

Rolls-Royce (LON:RR) stock fell 2.6% despite the aero-engineer reporting a jump in first-half profit, led by a large improvement in its civil aerospace margin

[slayer74]

Rolls Royce odpalał na wszystkich cylindrach w pierwszej połowie 2023 roku. W ciągu sześciu miesięcy kończących się 30 czerwca Rolls Royce osiągnął 31-procentowy wzrost przychodów bazowych, osiągając 6,95 mld GBP. Bazowe zyski operacyjne wzrosły ponad pięciokrotnie do 673 mln GBP, a Rolls Royce osiągnął dodatnie przepływy pieniężne w wysokości 356 mln GBP po odpływie -68 mln GBP w analogicznym okresie poprzedniego roku. Zarząd przypisał poprawę ciągłemu wzrostowi na rynkach końcowych, optymalizacji handlowej i efektywności kosztowej.

[slayer74]

03/08/23

ROLLS ROYCE DELIVERS SHARP RISE IN 1H REVENUES AND PROFITS
(Sharecast News) - Rolls Royce was firing on all cylinders during the front half of 2023.
"There is much more to do to deliver better performance and to transform Rolls-Royce into a high performing, competitive, resilient, and growing business," chief executive officer Turfan Erginbilgic said.

"We will share the outcome of our strategy review along with medium-term goals for the Group in November.

"We have a strong portfolio of products and technologies in growing end markets and have secured key contract wins that will create future value and profitable growth. Our continued transformation will grow our business and allow us to play a stronger role in the energy transition."

For the six months ending on 30 June, Rolls Royce delivered a 31% jump in underlying revenues to reach £6.95bn.

Underlying operating profits more than quintupled to £673m and Rolls Royce turned cash flow positive to the tune of £356m after an outflow of -£68m in the year earlier period.

Management attributed the improvement to continued growth in its end markets, commercial optimisation and cost efficiencies.

Its performance was driven by the Civil and Defence sectors.

Net debt reduced £3.25bn to £2.85bn.

[slayer74]

Plany restrukturyzacji Rolls-Royce'a podniosły jego akcje o 3,8 pensa do 217,3 pensów

Rolls-Royce to cut 2,500 jobs in cost cutting drive -Sky News

(Reuters) -Rolls-Royce Holdings is set to axe about 2,500 staff as soon as Tuesday as part of a cost-cutting drive by its new chief executive, Sky News reported on Monday.

The job cuts will be distributed across the engine maker's global operations and are likely to affect hundreds of UK staff, the report said citing people familiar with the matter.

Rolls-Royce (OTC:RYCEY) did not immediately respond to a request for comment.

The blue-chip company has experienced a strong recovery under Tufan Erginbilgic, who took over as CEO last January and has since said the firm's cost base was being "tightly managed" to offset inflationary cost pressures.

In May, Rolls-Royce said it had made no decisions regarding changes to its workforce, in response to a Sunday Times report that it was expected to cut about 3,000 non-manufacturing staff.

[slayer74]

LONDON (Reuters) -Rolls-Royce said on Tuesday it would cut up to 2,500 jobs as its new chief executive seeks to build a more efficient business, the latest boss to attempt to revamp one of Britain's most prestigious engineering companies.

Over the last decade, Rolls-Royce (OTC:RYCEY), whose engines and systems are used on the Airbus A350 and Boeing (NYSE:BA) 787 as well as ships, submarines and in power generation, has been through several restructurings, axing more than 13,000 jobs.

Tufan Erginbilgic, who took over in January, is the latest CEO to try to tackle the company's inefficiencies. Rolls has long trailed the margins made by General Electric (NYSE:GE), its main competitor in the widebody aircraft sector.

In July, his operational improvements helped prompt a profits upgrade and he said there would be more to come.

On Tuesday the company said it planned to shed up to 2,500 roles out of its total staff of 42,000.

"This is another step on our multi-year transformation journey to build a high performing, competitive, resilient and growing Rolls-Royce," he said.

The bounceback in long-haul flying this year plus Erginbilgic's strategy has sent the stock soaring more than 130% this year.

The shares traded up 2% to 217.70 pence in early deals on Tuesday, having recovered from pandemic-lows of around 40 pence in 2020, but they are still some way below a 2019 high of 340 pence.

"Investors are welcoming its cost cutting plans," said interactive investor head of investment Victoria Scholar, adding that gains this year had helped to reverse some of Rolls-Royce's "long-term underperformance".

But one industry executive who declined to be named noted that Rolls would be cutting jobs at a time of rising demand for new more fuel-efficient aircraft.

"It is a brave thing to do when all engine-makers are ramping production," the executive said.

ENGINEERING TECHNOLOGY, SAFETY TO MERGE

As part of the new streamlining plan, Rolls-Royce said it would merge its engineering technology and safety groups, and as a result chief technology officer (CTO) Grazia Vittadini, who was formerly CTO at Airbus, would leave in April 2024.

The plan would also improve the company's procurement and supply chain management to cut costs, while finance, legal and human resources functions would be brought together across the group, creating synergies, it added.

Erginbilgic is due to provide investors with further detail on his strategy, including financial targets, at a capital markets day scheduled for Nov. 28.

In its main geographies, Rolls-Royce employs 21,000 people in Britain, 11,000 in Germany and 5,500 in the United States, but the company did not provided details of where the cuts would take place.

Erginbilgic's predecessor Warren East launched two turnaround plans. One in 2020 aimed at surviving the pandemic which slashed 9,000 jobs, and one in 2018 which made 4,600 redundancies.

[slayer74]

Firma Rolls-Royce plc. planuje potencjalne zwolnienie nawet 2500 pracowników w najbliższym czasie, według informacji opublikowanych przez "The Guardian". Przypuszcza się, że te redukcje etatów dotkną głównie zakłady zlokalizowane w Wielkiej Brytanii. Tufan Erginbilgiç objął stanowisko dyrektora generalnego w Rolls-Royce w styczniu i szybko zyskał złą sławę wśród pracowników, określając firmę jako "płonącą platformę". Wskazał na konieczność gruntownych zmian, aby utrzymać konkurencyjność na rynku.

https://superbiz.se.pl/wiadomosci/motor ... -rLnj.html