Quartz·1 min read·medium
Rolls-Royce is riding the defense boom and AI buildout to a big earnings beat
✦AI Summary
Rolls-Royce reported a significant increase in first-half operating profit, reaching £2.5 billion, and subsequently raised its full-year financial guidance. The growth is attributed to strong performance in the defense sector and increased demand related to AI infrastructure.
The British engineering group posted £2.5 billion in first-half operating profit and raised its full-year guidance on both metrics
businesseconomytechnology
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