Rolls-Royce shares jump on reinstated dividend, raised profit guidance

by Pelican Press
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Rolls-Royce shares jump on reinstated dividend, raised profit guidance

A Rolls-Royce Trent 700 engine for the Airbus A330 stands in a workshop of N3 Engine Overhaul Services GmbH. The company is a joint venture between Lufthansa Technik AG and Rolls-Royce for the maintenance of aircraft engines.

Picture Alliance | Picture Alliance | Getty Images

Shares of Rolls-Royce jumped more than 11% to hit an all-time high on Thursday after the company reinstated its dividend and raised its profit forecast on the back of strong first-half results.

Shares had pared gains slightly to trade 8.8% higher by 8:24 am London time.

This is a breaking news story. Please check back for updates.



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