Higher profits, and raised guidance boost Rolls Royce share price

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Share: Rolls-Royce share price has seen some solid gains since the 19-year lows of 65p back in September last year, rallying strongly on a combination of optimism over a recovery in civilian air travel as well as looking to increase the diversity of its revenue streams. When new CEO Tufan Erginbilgic took over earlier this year he didn’t hold back in the challenges facing the current business. Likening the company to a “burning platform” his words pulled the shares off their recent highs, which where their highest levels since February last year. As a method of introducing himself

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