Rolls Royce Holdings Plc Announces Trading Update

  • Nov 07, 2019 GMT
  • Team Kalkine
  • Rolls Royce Holdings Plc (RR.) expects that full year 2019 operating profit and free cash flow will trend towards the lower end of guidance
  • The company has targeted a free cash flow generation of at least £1 billion in FY 2020.
  • The company expects stable sales with modest margin decline in Defence sales in 2019.
  • In power systems, the company expects revenue growth in low to mid-single digit range in FY 2019
  • On 7th November 2019, at the time of writing, GMT 11:50 AM, shares were trading at GBX 771.40, down by 5 points or 0.64 per cent against the previous day’s closing price.

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