![]() “Our multi-year transformation programme has started well,” Rolls-Royce chief executive Tufan Erginbilgic said in the statement. In a trading update, the company said it would shortly post “significantly improved first-half results”, in terms of underlying operating profit and free cash flow, while it has also upgraded full-year forecasts. Rolls shares rallied 19.1 percent to 181.85 pence, topping London’s FTSE 100 index in morning deals. LONDON, United Kingdom, July 26 – Shares in Rolls-Royce, the British maker of aircraft engines and other power systems, surged nearly 20 percent Wednesday as a turnaround plan under new leadership delivered far better-than-expected results.
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