A recovery in air travel in Europe and the Americas meant large engine flying hours in the four months to May were 42% higher than last year. As expected, Rolls-Royce Holding PLC (LON:RR)’s operating margins in Defence will be lower reflecting a changing mix of products and increased investment. Power Systems cash conversion is also […]
https://www.valuewalk.com/rolls-royce-tailwinds-make-for-smoother-liftoff-into-recovery/
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