Rolls-Royce Holdings, an aerospace and defence company, said that its full-year 2024 guidance is unchanged, with a broadly balanced weighting for both profit and cash flow across the year.
At the Annual General Meeting on Thursday, Rolls-Royce's Chief Executive Tufan Erginbilgic said the company has had a strong start to the year, despite continued industry-wide supply chain challenges.
This builds on the British company's record performance in 2023.
The company announced proposed organizational changes in October 2023 and said it is on track to deliver the annualized sustainable benefit of around £200 million ($254 million) by the end of 2025.