Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Rolls-Royce Holding PLC    RR.   GB00B63H8491

Delayed Quote. Delayed  - 08/25 05:35:09 pm
774 GBp   -1.84%
06:12p Japan's ANA finds problem with Boeing 787 Rolls-Royce engines, ca..
08/24 ROLLS ROYCE : wins $1.5bn Trent 700 order from China Eastern Airline..
08/18 Boeing says China demand for aircraft steady despite economic slo..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Rolls-Royce buoyed by demand for fuel-efficient jets

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/04/2012 | 08:36am CEST

British aero enginemaker Rolls-Royce (>> Rolls-Royce Holding PLC) said it was on course to deliver strong growth in 2012 profit as it continues to benefit from airlines' need for more fuel-efficient planes.

British aero enginemaker Rolls-Royce (>> Rolls-Royce Holding PLC) said it was on course to deliver strong growth in 2012 profit as it continues to benefit from airlines' need for more fuel-efficient planes.

Rolls, the world's second-largest maker of aircraft engines behind U.S. group General Electric (>> General Electric Company), said on Friday it had made a good start to the year and reiterated guidance that its civil aerospace unit would deliver strong growth in underlying profit.

"For the full year, the group continues to expect good growth in underlying revenue and underlying profit with cash flow around breakeven as we continue to invest in future growth," Rolls, which makes engines for planemakers Airbus (>> EADS) and Boeing (>> The Boeing Company), said in a statement.

Analysts forecast that 20,000 narrowbody planes will be produced in the next 20 years.

A new joint venture between Rolls and U.S. rival Pratt & Whitney (>> United Technologies Corporation) to develop the next generation of engines for the mid-sized narrowbody aircraft market is expected to be officially formed this year.

The company, whose website says a Rolls-Royce powered aircraft takes off or lands every 2.5 seconds, said its new Trent XWB engine took to the skies on board an Airbus (>> EADS) A380 flying test bed during the quarter.

It also opened a new facility in Singapore which will produce fan blades and assemble and test large commercial jet engines.

Shares in Rolls-Royce, which have risen 16 percent in 2012, closed at 859 pence on Thursday, valuing the company at around 16 billion pounds ($26 billion).

(Reporting by Rhys Jones; editing by Adveith Nair)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ROLLS-ROYCE HOLDING PLC
06:12p Japan's ANA finds problem with Boeing 787 Rolls-Royce engines, cancels some f..
08/24 ROLLS ROYCE : wins $1.5bn Trent 700 order from China Eastern Airlines
08/18 Boeing says China demand for aircraft steady despite economic slowdown
08/14 Rolls Royce powers Cebu Pacific A330s fleet
08/11 ROLLS ROYCE : *jpmorgan raises rolls royce group price target to 835 (730) pence..
08/10 ROLLS ROYCE : *ms raises rolls royce to 'equal-weight' ('uw') - target 780 (655)..
08/10 ROLLS ROYCE : Cebu Pacific selects Rolls-Royce to power further A330 aircraft
08/10 *TRADERS : Ms raises rolls royce to 'equal-weight' ('underw.') - tp 780 (655) p
08/09 *TRADERS : Morgan stanley raises rolls royce to 'equal-weight' ('underweight')
08/09 ROLLS ROYCE : Cebu Pacific selects Rolls-Royce to power further A330...
More news
Sector news : Aerospace & Defense - NEC
06:12p Japan's ANA finds problem with Boeing 787 Rolls-Royce engines, cancels some f..
03:05pDJBOEING : U.S. Durable-Goods Orders Rebounded in July, Jumping 4.4%
08/22 BOEING INTERNAL FORECAST SEES 535 JE : AvWeek
08/18 Boeing says China demand for aircraft steady despite economic slowdown
08/16DJU.K. to Buy More Dogfight Missiles for Jets in GBP184 Million Deal
More sector news : Aerospace & Defense - NEC
News from SeekingAlpha
09:46a Boeing Dreamliner engine issue prompts ANA to check entire fleet
08/22 Tracking Jeffrey Ubben's ValueAct Portfolio - Q2 2016 Update
08/08 My Aerospace & Defense Trade - Short Rolls Royce, Long Cobham
08/03 ROLLS ROYCE HOLDINGS : Mind The (Equity) Gap
07/31 Rolls-Royce's (RYCEF) CEO Warren East on Q2 2016 Results - Earnings Call Tran..
Advertisement
Financials ( GBP)
Sales 2016 13 426 M
EBIT 2016 759 M
Net income 2016 410 M
Debt 2016 656 M
Yield 2016 1,69%
P/E ratio 2016 39,08
P/E ratio 2017 25,69
EV / Sales 2016 1,13x
EV / Sales 2017 1,09x
Capitalization 14 498 M
More Financials
Chart ROLLS-ROYCE HOLDING PLC
Duration : Period :
Rolls-Royce Holding PLC Technical Analysis Chart | RR. | GB00B63H8491 | 4-Traders
Full-screen chart
Technical analysis trends ROLLS-ROYCE HOLDI...
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 23
Average target price 6,19  GBP
Spread / Average Target -22%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
David Warren Arthur East Chief Executive Officer & Director
Colin Peter Smith Group President & Director
Ian Edward Lamert Davis Chairman
David Miles Smith Chief Financial Officer & Director
Chris Barkey Director-Engineering & Technology
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ROLLS-ROYCE HOLDING PL..37.13%19 165
UNITED TECHNOLOGIES CO..12.38%90 355
LOCKHEED MARTIN CORPOR..14.26%75 157
GENERAL DYNAMICS CORPO..10.87%46 491
AIRBUS GROUP-17.40%44 610
RAYTHEON COMPANY13.28%41 629
More Results