UK's Rolls-Royce upgrades forecasts after 2024 beat
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Rolls-Royce, a British engine-maker, has upgraded its forecasts and mid-term targets after surpassing its 2024 guidance. The company reported a 55% increase in annual profit, driven by increased widebody jet flights and successful cost-saving measures.
February 27, 2025 | 8:00 am
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Rolls-Royce has upgraded its forecasts and mid-term targets after exceeding its 2024 guidance, with a 55% rise in annual profit due to increased widebody jet flights and cost-saving measures.
The significant profit increase and upgraded forecasts suggest strong future performance, likely boosting investor confidence and positively impacting RYCEY's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100