Rolls-Royce : More rapid transformation than anticipated now partly priced into the share
>An accelerated recovery in the long-haul markets - The re-opening of China has accelerated the use of long-haul aircraft, even more rapidly that we had expected. The group is maintaining its target range for high-thrust engine flight hours (EFH) at between 80% and 90% of the 2019 level in FY 2023 after having achieved 83% at the end of H1 2023. However, data from Cirium notably shows a sharp increase in the number of flight hours for the Trent 700 (82% of 2019 in Ju...Rolls Royce Holdings is an engineering company. Co. is organised into five businesses: civil aerospace, which develops, manufactures, markets and sells commercial aero engines and aftermarket services; defense aerospace, which develops, manufactures, markets and sells military aero engines and aftermarket services; power systems, which develops, manufactures, markets and sells reciprocating engines and power systems; marine, which is develops, manufactures, markets and sells marine-power propulsion systems and aftermarket services; and nuclear, which develops, manufactures, markets and sells nuclear systems for civil power generation and naval propulsion systems.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.