Rolls-Royce reveals bold plan to quadruple profit by 2027 through improved jet engine performance and cost cutting, targeting a surge in profit margins. CEO Tufan Erginbilgic aims to raise up to £1.5 billion from asset divestitures and explore partnerships to unlock additional value. Shares surge following the announcement. A comprehensive strategy to regain industry leadership and drive substantial growth. Achievable and compelling targets set by Rolls-Royce to rival competitors like General Electric.
Rolls-Royce aims to significantly increase its operating profit in the medium term by boosting the margin on its civil aerospace business, positioning itself closer to main rival General Electric. With a clear vision and divestment plans, the company aims to cement its position as a leader in the industry and captivate investors with its commitment to sustainable growth.
Tragic collision in Haryana's Nuh: Oil tanker and Rolls-Royce crash leaves driver and assistant dead. Investigation underway. Road safety and vigilance are crucial.
Tragic collision in Haryana's Nuh: Oil tanker and Rolls-Royce crash leaves driver and assistant dead. Investigation underway. Road safety and vigilance are crucial.
Rolls-Royce launches fourth Unnati Scholarship Programme for Women Engineering Students in India, offering financial support to meritorious female students from economically underprivileged backgrounds. Apply from July 5.