Rolls-Royce Holdings Plc is recommencing dividends and, subject to shareholder approval at the AGM to be held on 1 May 2025, the Directors recommend a final cash dividend of 6 pence per ordinary share for the year ended 31 December 2024, to be paid on 16 June 2025 to shareholders on the register on 22 April 2025. The total dividend for the year is 6 pence per ordinary share (2023: nil). The Company will be introducing a dividend reinvestment programme, further details can be obtained from Equiniti Limited.
Other financial highlights include:
-Significant transformation progress as they expand the earnings and cash flow potential of the Group
-Underlying operating profit of £2.5bn with a margin of 13.8%, reflecting the impact of their strategic initiatives, commercial optimisation and cost efficiency benefits
-Free cash flow of £2.4bn driven by strong operating profit and continued LTSA balance growth supporting a net cash balance of £475m at the end of the year
-02025 guidance of £2.7bn-2.9bn underlying operating profit and £2.7bn-2.9bn free cash flow; delivering their Capital Markets Day mid-term targets two years earlier than planned
-£1bn share buyback to commence immediately for completion through 2025
Upgraded mid-term targets of £3.6bn-£3.9bn underlying operating profit, 15%-17% operating margin, £4.2bn-£4.5bn free cash flow, and 18%-21% return on capital based on a 2028 timeframe
