Experimental feature

Listen to this article

Experimental feature

Rolls-Royce slumped to the bottom of the FTSE 100 on Tuesday morning after the aero engine maker reported the biggest loss in its history.

Underlying revenues and profits at the group were better than expected and it promised a “modest performance improvement” over the coming year.

However, a headline loss of £4.6bn, and little sign of an imminent increase in its dividend, helped send shares down 2.7 per cent at publication time, to 719p.

Read more here.

Get alerts on Rolls-Royce Holdings PLC when a new story is published

Copyright The Financial Times Limited 2020. All rights reserved.
Reuse this content (opens in new window)

Comments have not been enabled for this article.

Follow the topics in this article