Overview
- 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.