Rolls-Royce Sees £3 Bn Cash Outflow in H1 While 3,000 File for Redundancy
— Widebody engine flying hours (EFH) down approximately 50% in H1 and 75% in Q2
— Good progress on Trent 1000 fixes; achieved single-digit aircraft on ground target
— Defence remained resilient; low double-digit percent decline in Power Systems revenue
— Free cash outflow of approximately £3b…
— Good progress on Trent 1000 fixes; achieved single-digit aircraft on ground target
— Defence remained resilient; low double-digit percent decline in Power Systems revenue
— Free cash outflow of approximately £3b…
