Rolls-Royce Reinstates Dividends as Profits Hit Record Highs

CEO Tufan Erginbilgic's fiscal discipline drives significant profit and cash flow growth, overcoming supply chain challenges.

Rolls-Royce forecasts 2024 operating profit of up to £2.3 billion, surpassing previous estimates.
The company will pay dividends for the first time since the pandemic, starting at 30% of underlying net income.
Shares hit a record high, tripling last year and gaining another 50% in 2024.
Supply chain issues persist, potentially impacting cash flow by up to £200 million.
Rolls-Royce aims for operating profit of up to £2.8 billion and free cash flow of up to £3.1 billion by 2027.