Rolls-Royce: recurring EPS up 47% in 2024
(CercleFinance.com) - Rolls-Royce reports recurring sales of £17.
87bn for 2024, up 15% from 2023 (£15.4bn).
Underlying operating profit was £2,464m, up 55% from the £1,590m annoubced a year earlier.
Rolls-Royce reports full-year current profit before tax of £2,293m, almost double the previous year's figure (£1,262m), giving current EPS of £20.29 for the half-year up 47% from £13.75 twelve months ago
Rolls-Royce highlights the increase in the group's underlying operating margin to 13.8% from 10.3% in 2023.
The strong 2024 results build on our progress over the past year as we transform Rolls-Royce into a high-performing, competitive, resilient and growing business. All major divisions have delivered a significant improvement in performance, despite a supply chain environment that remains challenging, it said.
For the 2025 financial year, the British engine manufacturer is now targeting a current operating profit of between £2.7bn and £2.9bn.
The stock gained nearly 17% on the STOXX Europe 600 Index after this publication, the index's biggest gainer.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
87bn for 2024, up 15% from 2023 (£15.4bn).
Underlying operating profit was £2,464m, up 55% from the £1,590m annoubced a year earlier.
Rolls-Royce reports full-year current profit before tax of £2,293m, almost double the previous year's figure (£1,262m), giving current EPS of £20.29 for the half-year up 47% from £13.75 twelve months ago
Rolls-Royce highlights the increase in the group's underlying operating margin to 13.8% from 10.3% in 2023.
The strong 2024 results build on our progress over the past year as we transform Rolls-Royce into a high-performing, competitive, resilient and growing business. All major divisions have delivered a significant improvement in performance, despite a supply chain environment that remains challenging, it said.
For the 2025 financial year, the British engine manufacturer is now targeting a current operating profit of between £2.7bn and £2.9bn.
The stock gained nearly 17% on the STOXX Europe 600 Index after this publication, the index's biggest gainer.
Copyright (c) 2025 CercleFinance.com. All rights reserved.