Rolls-Royce has reported improved results for 2024, marking substantial progress in its strategic transformation program. Financial performance exceeded expectations, with a strong improvement in operating results, cash flow and margins.
The company, which has considerably strengthened its market position, plans to revise its medium-term forecasts upwards and announces a £1 billion share buyback in 2025. The Group is thus positioned on a sustainable and resilient growth trajectory, with solid cash flow generation and a clear objective of enhancing shareholder value.
Remarkable progress
2024 was a year of transformation for Rolls-Royce, driven by strategic initiatives to optimize efficiency and maximize returns for the Group. This progress enabled Rolls-Royce to achieve profits of £2.5 billion, with an operating margin of 13.8%.
Profit before tax reached £2.3 billion, up from £1.26 billion the previous year. This improvement was underpinned by a strategy focused on cost efficiency and margin optimization across the Group’s entire portfolio of products and services.
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