In This Article:
Rolls-Royce Holdings (LON:RR.) Full Year 2024 Results
Key Financial Results
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Revenue: UK£18.9b (up 15% from FY 2023).
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Net income: UK£2.52b (up 4.5% from FY 2023).
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Profit margin: 13% (down from 15% in FY 2023). The decrease in margin was driven by higher expenses.
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EPS: UK£0.30 (up from UK£0.29 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Rolls-Royce Holdings Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 51%.
The primary driver behind last 12 months revenue was the Civil Aerospace segment contributing a total revenue of UK£9.04b (48% of total revenue). Notably, cost of sales worth UK£14.7b amounted to 78% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£1.22b (67% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of UK£102.0m. Explore how RR.'s revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Aerospace & Defense industry in the United Kingdom.
Performance of the British Aerospace & Defense industry.
The company's shares are up 7.7% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for Rolls-Royce Holdings (of which 1 doesn't sit too well with us!) you should know about.
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