Shares of British aerospace giant Rolls-Royce jump 16% on upbeat outlook, profit beat
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Rolls-Royce shares surged 16% following an optimistic outlook and a significant profit increase. The company upgraded its mid-term guidance and reported a 57% rise in annual profit, surpassing analyst expectations for 2024.
February 27, 2025 | 9:00 am
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Rolls-Royce's stock, RYCEY, jumped 16% due to an upgraded mid-term outlook and a 57% increase in annual profit, exceeding 2024 expectations.
The significant profit increase and upgraded guidance are strong positive signals for investors, leading to a 16% rise in RYCEY shares. This indicates strong future performance expectations.
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RELEVANCE 100