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The Independent UK
The Independent UK
Business
Alex Daniel

Rolls-Royce shares soar as group to hit profit targets ahead of schedule

RollsRoyce United Kingdom Sir Keir Starmer Tufan Erginbilgic Economic Growth
Rolls-Royce shares rose by as much as 15 per cent on Thursday morning -

Rolls-Royce shares soared on Thursday morning as it lifted profit forecasts and said it would buy back about £1 billion of stock from investors.

The airplane engine making giant said operating profit for 2025 will be up to £2.9 billion, up from a previous estimate of up to £2.8 billion.

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