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[BUSINESS] · United Kingdom · 2 sources

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Rolls‑Royce shares rise after 46% profit jump, eyeing £20 target

On 30 July Rolls‑Royce Plc reported a strong quarterly performance, with margins, net cash balance and revenue all increasing. Underlying operating profit surged 46%, prompting an upgrade to the outlook for operating profit and free cash flow. The results lifted the share price to around £15, reviving investor speculation that the stock could break the £20 level.

Analysts note that the company’s recent share‑buyback programme and the rapid profit growth could support further price gains, though uncertainties such as US tariffs and global conflicts remain.

Entities

Catapult Wealth · Dylan Evans · Magellan Financial Group Ltd · Ramsay Health Care Ltd · Rolls‑Royce plc

Sources

about 1 month ago