Engine flying hours, a key driver for Rolls’ Civil Aerospace division, reached 114% of 2019 levels during the first 10 months. Power Systems' order backlog hit a record £8.6bn, helped by data centre demand.
The existing £7-9bn buyback programme is being accelerated, with a £1.5bn interim tranche to be completed by February 2027.
Full-year guidance was reiterated, with underlying operating profit expected between £4.7-4.9bn and free cash flow between £3.8-4.0bn. Mid-term targets will be reviewed at February's full-year results.
The shares rose 2.9% in early trading.
Our view
HL view to follow
Rolls Royce key facts
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