RR.L - Rolls-Royce Holdings plc

LSE - LSE Delayed Price. Currency in GBp
784.20
+15.20 (+1.98%)
At close: 4:35PM BST
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Previous Close 769.00
Open 769.20
Bid 784.40 x 0
Ask 784.60 x 0
Day's Range 769.00 - 791.60
52 Week Range 723.40 - 1,024.00
Volume 2,837,767
Avg. Volume 4,921,868
Market Cap 15.057B
Beta (3Y Monthly) 0.66
PE Ratio (TTM) N/A
EPS (TTM) N/A
Earnings Date N/A
Forward Dividend & Yield 0.12 (1.36%)
Ex-Dividend Date 2019-04-25
1y Target Est N/A
  • How Many Rolls-Royce Holdings plc (LON:RR.) Shares Did Insiders Buy, In The Last Year?
    Simply Wall St.

    How Many Rolls-Royce Holdings plc (LON:RR.) Shares Did Insiders Buy, In The Last Year?

    It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...

  • Financial Times

    Moody’s downgrades Rolls-Royce on cash flow concerns

    Rolls-Royce has had its rating lowered by Moody’s on concerns over its cash flow, a week after the UK-based aero-engine group reported an extra charge to cover costs for its engine programme and said it has spent £100m preparing for a no-deal Brexit. The rating company on Tuesday said it had downgraded the long-term senior unsecured debt rating of Rolls-Royce to Baa1 from A3 and changed its outlook to stable from negative. Moody’s change reflects the “expectation that target free cash flow in 2019 will include working capital gains, which are not considered sustainable” and that it will be similarly supported in 2020, the agency said in a report.

  • Thomson Reuters StreetEvents

    Edited Transcript of RR.L earnings conference call or presentation 6-Aug-19 8:00am GMT

    Half Year 2019 Rolls-Royce Holdings PLC Earnings Presentation

  • Reuters

    UPDATE 3-Britain would face food shortages in no-deal Brexit, industry body says

    Britain will experience shortages of some fresh foods for weeks or even months if a disorderly no-deal Brexit leaves perishable produce rotting in lorries at ports, Britain's food and drink lobby warned on Wednesday. Retailers such as Tesco have warned that leaving the European Union on Oct. 31 without a transition deal would be problematic as so much fresh produce is imported and warehouses are stocked full ahead of Christmas.

  • Rolls-Royce Suffers Cash Drain From Jetliner, Brexit Bottlenecks
    Bloomberg

    Rolls-Royce Suffers Cash Drain From Jetliner, Brexit Bottlenecks

    (Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Rolls-Royce Holdings Plc’s cash outflow ballooned in the first half as a bottleneck in plane deliveries at Airbus SE and Boeing Co. reduced engine revenue and stockpiling for a no-deal Brexit led to a build up of parts.Europe’s biggest jet-engine maker posted negative underlying free cash flow of 429 million pounds ($522 million) for the six months, almost six times the level of a year earlier. The shares fell as much as 2.3%.Rolls currently has about 50 turbines awaiting delivery, compared with the usual 15 or so. Chief Executive Officer Warren East predicted “significant improvements” in the second half and said the company should reach its full-year cash goal as the inventory build up unwinds.Rolls earnings show the ripple effects on suppliers as planemakers grapple with their highest-ever order backlogs amid a surge in air travel. Production setbacks spanning poor-quality seats to engine glitches have held back output, forcing Airbus and Boeing to keep plants operating over the Christmas holidays last year in order to meet delivery targets.787 ChargeThe U.K. company was hit with its own manufacturing issues when faults were found in engines powering the Boeing 787 model. East announced a further charge for repairs to the jet, and another for Airbus’s early termination of the A380 superjumbo, as well as higher restructuring costs. He cited a near one-third jump in operating profit on higher margins on A350 turbines and gains at defense and power-systems arms as indicating a healthy underlying business.The power unit, which makes marine, land and industrial engines and power-generation products, accounted for about half of the inventory build up. The company has spent close to 100 million pounds to smooth its supply chain in the event of a no-deal Brexit, including additional shipping capacity and extra warehouse space in the U.K. and mainland Europe, as well as stockpiling parts.Across the group, the value of inventory held should decrease by 500 million pounds through the second half, aided by reduced 787 groundings, Rolls-Royce forecasts. The company is targeting full-year free cash flow of 700 million pounds, plus or minus 100 million pounds.Shares of Rolls, which doesn’t make engines for Boeing’s grounded 737 Max, were trading 0.8% lower at 807.80 pence as of 9:40 a.m. in London, taking the stock’s decline this year to 2% and valuing the group at 15.5 billion pounds.Earnings Highlights:(Updates with planemaker delivery issues in fourth paragraph, predicted inventory rundown in seventh.)To contact the reporter on this story: Benjamin Katz in London at bkatz38@bloomberg.netTo contact the editors responsible for this story: Tara Patel at tpatel2@bloomberg.net, Christopher JasperFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Reuters

    Rolls-Royce CEO says company ready for a no-deal Brexit if needed

    Britain's Rolls Royce said it was prepared to cope with the fallout from a disorderly Brexit after the aero-engine maker spent around 100 million pounds to increase inventory among other preparations, its chief executive said.

  • Reuters

    UPDATE 1-Indian police open probe into Rolls-Royce's dealings with three state firms

    Indian federal police have opened an investigation into Rolls-Royce Holdings Plc, alleging the UK-based engine maker and its Indian arm improperly used a third-party to conduct business with three Indian state-owned companies. In a report published on Tuesday, India's Central Bureau of Investigation (CBI) also said officials from the Indian companies - Hindustan Aeronautics Limited (HAL), ONGC and GAIL - may have been involved in improper procurement from Rolls-Royce. Rolls-Royce provided engine spare parts to HAL for servicing gas turbines used by GAIL and ONGC, both of which are involved in the oil and gas sector, the report said.

  • Reuters

    CBI opens probe into Rolls-Royce's dealings with three state firms

    The Central Bureau of Investigation (CBI) has opened an investigation into Rolls-Royce Holdings Plc, alleging the UK-based engine maker and its Indian arm improperly used a third-party to conduct business with three Indian state-owned companies. In a report published on Tuesday, the CBI also said officials from the Indian companies - Hindustan Aeronautics Limited (HAL), ONGC and GAIL - may have been involved in improper procurement from Rolls-Royce. Rolls-Royce provided engine spare parts to HAL for servicing gas turbines used by GAIL and ONGC, both of which are involved in the oil and gas sector, the report said.

  • Reuters

    Britain wants accountability over Khashoggi murder - PM May

    Britain wants to see accountability for the murder of journalist Jamal Khashoggi and Saudi Arabia should investigate the death thoroughly and in a way that adheres to international laws, Prime Minister Theresa May said on Wednesday. Last week, a U.N. rights investigator said Saudi Crown Prince Mohammed bin Salman and other senior officials should be investigated over the murder, given credible evidence against them. "We do want to see accountability for this horrific murder... We expect Saudi Arabia to take the action necessary to ensure such violations of international and national laws can't happen again," May said in parliament.

  • Reuters

    Saudi Arabia says ending British arms exports would help Iran

    Iran would be the only beneficiary of any end to arms exports from Britain to Saudi Arabia, the kingdom's minister of state for foreign affairs said on Thursday, adding that the deployment of weapons in Yemen was legitimate. A UK court earlier found that Britain broke the law by allowing arms sales to Saudi Arabia that might have been used in Yemen's war. The ruling does not halt Britain's arms exports but means the granting of new licences will be paused.

  • Reuters

    Saudi Arabia says Iran has created "very grave" situation in Gulf

    Iran has created a grave situation and jeopardised global oil supplies with its aggressive behaviour, Saudi Arabia's minister of state for foreign affairs said on Thursday, adding that the kingdom was consulting with allies on next steps. The United States and Saudi Arabia are among countries that have blamed Iran for attacks on oil tankers near the Strait of Hormuz, a major transit route for global oil supplies. "I think the situation is very grave because of the aggressive behaviour of Iran," Adel al-Jubeir told reporters in London.

  • Reuters

    Britain acted unlawfully on Saudi arms exports, court rules

    A British court on Thursday ruled that the British government had acted unlawfully in allowing arms exports to Saudi Arabia that might have been used in the conflict in Yemen. "The decision of the court today does not mean that licenses to export arms to Saudi Arabia must immediately be suspended," he said. The case was brought by the Campaign Against the Arms Trade against the British government.

  • Does Rolls-Royce Holdings plc (LON:RR.) Have A Place In Your Dividend Stock Portfolio?
    Simply Wall St.

    Does Rolls-Royce Holdings plc (LON:RR.) Have A Place In Your Dividend Stock Portfolio?

    Is Rolls-Royce Holdings plc (LON:RR.) a good dividend stock? How would you know? Dividend paying companies with...

  • Reuters

    Air New Zealand orders eight Boeing 787 jets for long-haul flights

    Air New Zealand Ltd said on Monday it has ordered eight Boeing Co 787-10 Dreamliner jets worth $2.7 billion (2.12 billion pounds) at list prices, to be powered by General Electric Co engines, as part of a drive toward increased efficiency. New Zealand's flag carrier also trimmed its earnings outlook citing higher fuel prices, and said problems with Rolls-Royce Holdings PLC engines and a moderation in demand growth have impacted its financial and operational performance. The new plane order confirmed a Reuters report last week that Boeing had beaten out rival Airbus SE, which had proposed the A350 for the hotly contested deal.

  • Can You Imagine How Rolls-Royce Holdings's (LON:RR.) Shareholders Feel About The 47% Share Price Increase?
    Simply Wall St.

    Can You Imagine How Rolls-Royce Holdings's (LON:RR.) Shareholders Feel About The 47% Share Price Increase?

    One simple way to benefit from the stock market is to buy an index fund. But if you pick the right individual stocks...

  • Rolls-Royce to meet forecasts as Trent costs under control
    Reuters

    Rolls-Royce to meet forecasts as Trent costs under control

    British aero-engine maker Rolls-Royce said its ability to fix the Trent 1000 fleet problem within budget meant it remained on track to hit its full-year cash and profit targets. Rolls-Royce, which makes engines for large civil aircraft and military planes, has been racing to fix the problem which has angered customers such as British Airways and forced the grounding of many planes. "Our restructuring programme has continued to make progress as we aim to bring down commercial and administrative costs, improve our engineering efficiency and drive lasting culture change at Rolls-Royce," East said.

  • Reuters

    UK pulls up Rolls-Royce for slow supplier payments

    The PPC is administered by the Chartered Institute of Credit Management and sets standards for payment practices including prompt payment as well as wider payment procedures. The company said it was suspended from the Code as it did not pay at least 95 percent of its supplier invoices within 60 days.

  • New Airbus CEO charts modernisation path under leaner management
    Reuters

    New Airbus CEO charts modernisation path under leaner management

    New Chief Executive Guillaume Faury imposed his mark on Airbus with a simplified management structure and a manifesto for factory modernisation on Thursday, as Europe's plane giant enters a new phase in its titanic rivalry with Boeing. The 51-year-old former planemaking head unveiled the changes a day after the retirement of Tom Enders, the last of the company's founders to leave the scene of recent power battles. "We are in a period of exceptional change in our industry and we need to prepare Airbus for the opportunities and challenges ahead," Faury said in a statement.

  • Virgin Atlantic targets profit in 2021 after second annual loss
    Reuters

    Virgin Atlantic targets profit in 2021 after second annual loss

    Passenger volume for the carrier rose nearly 5 percent in 2018 and revenue per customer gained 1.7 percent at a time when European airlines like easyJet were seeing a drop in demand due to Brexit related uncertainty. The pound fell 5.6 percent against the U.S. dollar, in 2018 as Britain contended with the political and economic uncertainty generated by negotiations on Britain's exit from the European Union. The airline, the 1980s brainchild of British billionaire Richard Branson, fell into the red in 2017 after three years of profits, as competition intensified and fuel costs rose.