Rolls-Royce issued a trading update as of November. The Defence business remained resilient while the situation in civil commercial aerospace was more contrasting. The recovery is still fluid, with a few uncertainties still to overcome in 2021 but visibility in 2022 should be better. Still, we see the cash generation capability of the company will remain under pressure.
11 Dec 2020
Cash generation still under pressure
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Cash generation still under pressure
Rolls-Royce Holdings plc (RR:LON) | 416 -0.8 (0.0%) | Mkt Cap: 35,018m
- Published:
11 Dec 2020 -
Author:
Hugo Paternoster -
Pages:
3
Rolls-Royce issued a trading update as of November. The Defence business remained resilient while the situation in civil commercial aerospace was more contrasting. The recovery is still fluid, with a few uncertainties still to overcome in 2021 but visibility in 2022 should be better. Still, we see the cash generation capability of the company will remain under pressure.