Rolls Royce has announced a disappointing business outlook and a mild update of its activities as of 30 November. Though it has successfully managed to cut its costs and dispose of £1.8bn of assets, its boosted FCF guidance is a one-off that will be reversed in the future. In addition, the wide-body market situation is still discouraging.
09 Dec 2021
Mild trading update disappoints the market
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Mild trading update disappoints the market
Rolls-Royce Holdings plc (RR:LON) | 405 4.5 0.3% | Mkt Cap: 34,050m
- Published:
09 Dec 2021 -
Author:
Romain Pierredon -
Pages:
3
Rolls Royce has announced a disappointing business outlook and a mild update of its activities as of 30 November. Though it has successfully managed to cut its costs and dispose of £1.8bn of assets, its boosted FCF guidance is a one-off that will be reversed in the future. In addition, the wide-body market situation is still discouraging.