Rolls-Royce

Berenberg Bank has raised its target price for Rolls-Royce from 1,430 to 1,900 pence and has confirmed its buy rating. After strong half-year results, Rolls-Royce revised its full-year guidance upward and now expects adjusted operating profit of £4.7–4.9 billion. The company is benefiting from an upswing in aviation and renewed demand for nuclear technology. » Plus sur finanzen.net

Rolls-Royce raised full-year guidance after stronger half-year results, with cashflow now seen at £3.8–4.0bn and operating profit at £4.7–4.9bn. The company is benefiting from defence contracts, growing demand for power systems from AI datacentres and potential future sales of small modular reactors. Management is pursuing a return to the narrowbody aircraft engine market and seeks government support, while the firm’s diversification underpins hopes it could rise further in FTSE rankings. » Plus sur theguardian.com

Rolls-Royce reported H1 underlying operating profit of £2.5bn, up 46%, and revenue of £11.3bn, up over 24%. The company raised full‑year underlying operating profit guidance to £4.7–4.9bn and lifted free cash flow expectations to £3.8–4.0bn. CFO Helen McCabe said data‑center power orders grew more than 50% in H1 and highlighted increasing opportunities from higher defense spending under the UK and NATO plans. CEO Tufan Erginbilgic said the turnaround is expanding Rolls‑Royce’s portfolio beyond aerospace into power systems and defense, and shares rose following the results. » Plus sur cnbc.com