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The outlook gets better and better at Rolls-Royce
['Nils Pratley']
The Guardian
Cashflow over the full year will be £200m better than previously predicted at £3.8bn-£4bn; for operating profits, the increase was £700m to £4.7bn-£4.9bn.
The division that is suddenly getting most attention, though, is power systems.
It gives Rolls a foot in several AI power camps: diesel for back-up; gas for primary power; and SMRs when they arrive in the 2030s.
If it all comes together, then, yes, Erginbilgiç’s projections for Rolls’s potential are not as wild as they seem.
But it is also impossible to name another major UK company with huge opportunities on various fronts.