Rolls-Royce leadership team delivered confidently on Friday morning (June 16) the full details of its restructuring, cost savings, a 15% return on invested capital and near-term ambition to exceed £1bn in free cash flow by 2020 at an analysts’ capital markets briefing that was also streamed online. Chief executive officer, Warren East, described this moment as “pivotal” for the company and although just a powerpoint today, the revitalised leadership team is dedicated and confident it can deliver on the promises it has made to restructure and revitalise the business. Initial responses from analysts and investors have been very positive to
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