Rolls Royce published mixed figures. Profitability was particularly low, pushing the net result back into the red zone. However, FCF generation was a positive surprise despite the rise in inventory. It has finally found an agreement to sell ITP Aero and will use the resulting cash to repay its only floating interest rate debt.
05 Aug 2022
Q2 22: mixed signals
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Q2 22: mixed signals
Rolls-Royce Holdings plc (RR:LON) | 395 -27.7 (-1.7%) | Mkt Cap: 33,280m
- Published:
05 Aug 2022 -
Author:
Romain Pierredon -
Pages:
3
Rolls Royce published mixed figures. Profitability was particularly low, pushing the net result back into the red zone. However, FCF generation was a positive surprise despite the rise in inventory. It has finally found an agreement to sell ITP Aero and will use the resulting cash to repay its only floating interest rate debt.