Report
Antoine Boivin-Champeaux ...
  • Olfa Taamallah

Rolls-Royce : Unwarranted market reaction

>Rolls-Royce delivered good results - With the group facing difficulties on the Trent 1000, we believe that its results demonstrate the strength of the business model. The organic growth of 8% in 2018 shows the group to be in working order. The predominant Civil Aerospace division grew by 12%, and Power Systems by 15%. Defence was stable, but logged a good book-to-bill ratio. Profitability increased strongly, with EBIT doubling from £ 321m to £ 616m, and FCF from £ 25...
Underlying
Rolls-Royce Holdings plc

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Antoine Boivin-Champeaux

Olfa Taamallah

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