Rolls-Royce Shares Fall on Slower Recovery Concerns - News Summed Up

Rolls-Royce Shares Fall on Slower Recovery Concerns


Rolls-Royce Shares Fall on Slower Recovery Concerns0848 GMT - Rolls-Royce shares fall 3.2% after releasing a trading update. Rolls-Royce returned to positive free cash flow in 3Q, but the company still has some way to go to reach its 2022 free cash flow target of GBP750 million, and much of this will depend on when and if international travel returns to normal, Hewson says. (jaime.llinares@wsj.com)Companies News:Rolls-Royce Returned to Positive Free Cash Flow in 3QRolls-Royce Holdings PLC said Thursday that it restored positive free cash flow in the third quarter. ---DS Smith 1H Pretax Profit, Revenue Rose; Increases DividendDS Smith PLC said Thursday that pretax profit and revenue rose for the first half of fiscal 2022 and that it has increased the interim dividend. (sabela.ojea@wsj.com; @sabelaojeaguix)Contact: London NewsPlus, Dow Jones Newswires; Dow Jones Newswires; paul.larkins@wsj.com(END) Dow Jones NewswiresDecember 09, 2021 04:13 ET (09:13 GMT)Copyright (c) 2021 Dow Jones & Company, Inc.


Source: Wall Street Journal December 09, 2021 15:15 UTC



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