Rolls-Royce sticks to guidance for 2021

Reuters| London | United Kingdom

Updated: 13-05-2021 11:42 IST | Created: 13-05-2021 11:38 IST

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British engineering company Rolls-Royce stuck to its guidance to turn free cash flow positive at some point during the second half of 2021 as vaccinations kick in and travelers return to the skies.

The company said its operational and financial performance in the year to date had been in line with expectations and added that there was an "encouraging range" of parties interested in buying its Spanish unit ITP Aero.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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