> Rolls-Royce is to pay out £1.5bn to shareholders and has announced dividends will return after a rise in profits.
>The company, which is based in Derby and manufactures items ranging from jet aircraft engines to propulsion systems for sea vessels, generated an operating profit of £2.5bn in 2024, according to its full year results.
>Its operating profit had risen by 55% on the year before after sales rose by £2.4bn.
Less that one year in charge and Labour are slowly turning the economy around. Regardless of what the naysayers bleat.
20% increase in my RR shares in the last week and I suspect quite a way to go yet.
SMR approval this spring would be massive too, let’s give the contract to a UK owned company.
Their car business should be spun out but their core business of critical infrastructure and technology nationalised
This Rolls-Royce (spun off from Rolls-Royce that makes cars) manufactures Small Modular Reactors, a way to make a nuclear reactor smaller and cheaper, as well as manufacturing engines for aerospace and marine markets.
Instead of having one giant nuclear power station at the cost of £35bn, you could have several of these scattered around at a tenth of the unit cost, and have them fire up and shutdown more on demand.
Alongside renewables would pretty much end any reliance we have on gas if deployed at scale
Without the products, engineers and technology implemented by his predecessors it would not be as successful. He rides on the shoulders of giants!
5 comments
> Rolls-Royce is to pay out £1.5bn to shareholders and has announced dividends will return after a rise in profits.
>The company, which is based in Derby and manufactures items ranging from jet aircraft engines to propulsion systems for sea vessels, generated an operating profit of £2.5bn in 2024, according to its full year results.
>Its operating profit had risen by 55% on the year before after sales rose by £2.4bn.
Less that one year in charge and Labour are slowly turning the economy around. Regardless of what the naysayers bleat.
20% increase in my RR shares in the last week and I suspect quite a way to go yet.
SMR approval this spring would be massive too, let’s give the contract to a UK owned company.
Their car business should be spun out but their core business of critical infrastructure and technology nationalised
This Rolls-Royce (spun off from Rolls-Royce that makes cars) manufactures Small Modular Reactors, a way to make a nuclear reactor smaller and cheaper, as well as manufacturing engines for aerospace and marine markets.
Instead of having one giant nuclear power station at the cost of £35bn, you could have several of these scattered around at a tenth of the unit cost, and have them fire up and shutdown more on demand.
Alongside renewables would pretty much end any reliance we have on gas if deployed at scale
Without the products, engineers and technology implemented by his predecessors it would not be as successful. He rides on the shoulders of giants!
Comments are closed.