Published On: May 30th, 2024Categories: Trade Ideas
In this investment case we turn our attention to Rolls Royce (RR), a leading industrial company focused on Civil Aerospace, Defence and Power Systems. The company successfully navigated the difficult post-Covid operating environment and, thanks to the adoption of efficiency programmes, RR’s balance sheet strengthened substantially. We expect operating and financial results to remain strong in the future and we consider RR as a solid rising star candidate, with the potential to become a full investment-grade credit over the medium term.
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