Mini-nuclear reactors and the new Rolls-Royce: Inside the engineering giant whose shares have already tripled under a revolutionary CEO, and experts say they could soar even higher...13 Aug 2024 22:48
πππππ
But, under new Anglo-Turkish chief executive 'Turbo' Tufan Erginbilgic, who took over in January 2023, its shares have risen about 300 per cent. They are up about 37 per cent this year alone and recently hit a record high when Erginbilgic said he would restore dividend payments for the first time since the pandemic.
Less than two years into his tenure, it is still early days for him at the company, whose engines drive passenger jets, fighter planes and submarines.
https://www.thisismoney.co.uk/money/markets/article-13730441/Turbo-Tufan-Erginbilgics-turning-UltraFans-Rolls-Royce.html