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Pin to quick picksRolls-Royce Share News (RR.)

Share Price Information for Rolls-Royce (RR.)

London Stock Exchange
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Share Price: 418.10
Bid: 416.80
Ask: 417.00
Change: 0.00 (0.00%)
Spread: 0.20 (0.048%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 418.10
RR. Live PriceLast checked at -

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CORRECTED-Rolls-Royce plunges to worse than expected $5.6 bln loss

Thu, 11th Mar 2021 07:10

(Coprect to loss in par 2)

LONDON, March 11 (Reuters) - British engine-maker
Rolls-Royce plunged to a worse than expected 4 billion pound
($5.58 billion) loss in 2020 as the pandemic stopped airlines
flying, but stuck to its outlook for 2021.

Rolls-Royce posted an underlying pre-tax loss of 4 billion
pounds for last year compared to the 3.1 billion pound loss
forecast by analysts. Its cash outflow, the measure most watched
by analysts, of 4.2 billion pounds was in line with consensus.
($1 = 0.7175 pounds)
(Reporting by Sarah Young; editing by Guy Faulconbridge)

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