Rolls-Royce : Trading update – solid start to the year
>EFH already back to 100% of 2019 levels in first 4 months of the year - Rolls-Royce just released a trading update ahead of its AGM, reiterating its FY 24 guidance and highlighting a strong start to the year and solid improvement in large engine flying hours (EFH). In Civil Aerospace, in the four months to the end of April, EFH were back to 100% of 2019 levels and consequently well on track with the 100-110% range guided for FY 24 (ODDO BHF: 106%). Shop visit vo...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.
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