Rolls-Royce reconfirms its financial guidance for 2018 profit and free cash flow. Specifically, the company expects both group and core profit and cash flow for 2018 to be in the upper half of our full year guidance range, with operating profit at £400 million for the group, and £450 million for core, which includes civil aerospace. The engine manufacturer states that the strong large engine flying hour growth it reported in the first half has continued into the second half of the year. “As guided previously, we expect full year growth to be in the mid-teens range.” Rolls-Royce expects to
This content is restricted to site members.
If you are an existing user, please login below.
New users may register below.