Announcement • Jun 24
Rolls-Royce Holdings plc Announces Board and Committee Changes Rolls-Royce Holdings plc announced that Gretchen Watkins would join the Board as a Non-Executive Director with effect from July 1, 2026. On joining the Board, Gretchen was appointed to the Nominations, Culture & Governance Committee and the Safety, Energy Transition & Tech Committee. Gretchen has over 35 years' experience as a global executive with a track record of leading complex, high-performing organizations within various sectors through transformation and growth. Gretchen currently serves as a Non-Executive Director on the board of The Mosaic Company, which is listed in the US, and previously served on the board of was Atkins plc. From May 2018 to July 2025, Gretchen was President of Shell USA Inc. and Executive Vice President of Global Shales. Prior to joining Shell, she was the Chief Executive Officer of Maersk Oil. Gretchen holds a Bachelor of Science in Mechanical Engineering from The Pennsylvania State University. Rolls-Royce Holdings plc also announced that Alessandra Genco would join the Board as a Non-Executive Director with effect from September 1, 2026. Alessandra was appointed to the Nominations, Culture & Governance Committee and the Audit Committee upon her appointment to the Board. Alessandra has more than 25 years of international leadership experience in finance, investment banking, corporate strategy, transformation and governance. Alessandra was Group Chief Financial Officer of Leonardo SpA, a global aerospace, defence and security company, from October 2017 until November 2025. She is currently a Supervisory Board Member of BASF SE where she also chairs the Audit Committee and a Non-Executive Director of Italmobiliare SpA. Alessandra joined Leonardo SpA in 2006, where she was Head of Investments and Portfolio Evaluation until 2014, then Vice President Group Finance until 2017 when she became Group Chief Financial Officer. Prior to joining Leonardo SpA, Alessandra was Vice President in the Investment Banking Division of Goldman Sachs in New York City. She started her career at Banca di Roma as a risk manager. Alessandra graduated with honours in Economics from the LUISS Guido Carli University of Rome and holds an MBA from the Stanford University Graduate School of Business. After completing nine years on the Board, non-executive directors Beverly Goulet and Nick Luff were both due to retire at the 2027 Annual General Meeting of the Company. Buy Or Sell Opportunity • May 06
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 5.8% to €14.88. The fair value is estimated to be €11.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.2% per annum. Earnings are forecast to decline by 3.1% per annum over the same time period. Announcement • Apr 30
Rolls-Royce Holdings plc to Report First Half, 2026 Results on Jul 30, 2026 Rolls-Royce Holdings plc announced that they will report first half, 2026 results on Jul 30, 2026 Upcoming Dividend • Apr 16
Upcoming dividend of UK£0.05 per share Eligible shareholders must have bought the stock before 23 April 2026. Payment date: 03 June 2026. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (0.8%). Buy Or Sell Opportunity • Mar 25
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 2.9% to €13.70. The fair value is estimated to be €11.30, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.9% per annum. Earnings are forecast to decline by 4.0% per annum over the same time period. Declared Dividend • Mar 02
Final dividend of UK£0.05 announced Shareholders will receive a dividend of UK£0.05. Ex-date: 23rd April 2026 Payment date: 3rd June 2026 Dividend yield will be 0.6%, which is lower than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 12% over the next 3 years. However, it would need to fall by 85% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Feb 27
Full year 2025 earnings released: EPS: UK£0.69 (vs UK£0.30 in FY 2024) Full year 2025 results: EPS: UK£0.69 (up from UK£0.30 in FY 2024). Revenue: UK£21.2b (up 12% from FY 2024). Net income: UK£5.84b (up 132% from FY 2024). Profit margin: 28% (up from 13% in FY 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has increased by 110% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 27
Rolls-Royce Holdings plc, Annual General Meeting, Apr 30, 2026 Rolls-Royce Holdings plc, Annual General Meeting, Apr 30, 2026. Announcement • Feb 26
Rolls-Royce Holdings plc Proposes Final Dividend for 2025, Payable on 3 June 2026 Rolls-Royce Holdings plc proposed that the final dividend for 2025 is 5.0 pence per share, taking the total dividend for 2025 to 9.5 pence per share. The dividend will be paid on 3 June 2026 to ordinary shareholders on the register on 24 April 2026. The final dividend will be paid subject to shareholder approval at company's Annual General Meeting on 30 April 2026. Announcement • Feb 06
Rolls-Royce Announces Management Changes Rolls-Royce has lined up Maria Varsellona as its next chief legal officer, replacing Mark Gregory, who is departing next month. Maria Varsellona is joining from Unilever where she is also CLO. She will join Rolls-Royce as its top lawyer on March 1, 2026. Varsellona has been at Unilever for just under four years, having previously been general counsel at engineering giant ABB in Switzerland. Prior to that, she spent more than six years at Nokia, latterly as president of Nokia Technologies in addition to her CLO role. Earlier in her career, she had GC roles at packaging businesses Tetra Pak and Sidel, as well senior counsel roles at GE Oil & Gas and Hertz. Mark Gregory is departing after a more than 20-year career at the jet-engine maker, including more than a decade as general counsel. He originally joined Rolls Royce’s financing arm in 2005 as legal counsel after six years at Hogan Lovells. Gregory will remain on until the end of March to support the transition. Recent Insider Transactions • Jan 29
CEO & Executive Director recently sold €69k worth of stock On the 26th of January, M. Erginbilgic sold around 5k shares on-market at roughly €14.20 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. M. has been a net seller over the last 12 months, reducing personal holdings by €135k. Buy Or Sell Opportunity • Jan 07
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 9.0% to €14.80. The fair value is estimated to be €12.23, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings are forecast to decline by 10% per annum over the same time period. Announcement • Jan 06
Rolls-Royce Holdings plc (LSE:RR.) commences an Equity Buyback for 850,489,698 shares, representing 10% of its issued share capital, under the authorization held on May 1, 2025. Rolls-Royce Holdings plc (LSE:RR.) commences share repurchases on January 2, 2026, under the program mandated by the shareholders in the Annual General Meeting held on May 1, 2025. As per the mandate, the company is authorized to repurchase up to 850,489,698 shares, representing 10% of its issued share capital. The maximum price which may be paid for an ordinary share is an amount equal to 105% of the average of the middle market quotations for the ordinary shares taken from the London Stock Exchange plc Daily Official List for five business days immediately preceding the day on which that share is contracted to be purchased and an amount equal to the higher of the price of the last independent trade and the highest current independent bid on the trading venues where the purchase is carried out at the relevant time. The authority shall expire at the conclusion of the next Annual General Meeting in 2026 or June 30, 2026, whichever is sooner. As of April 30, 2025, the company had 8,474,194,379 shares in issue.
On December 16, 2025, the company announces repurchases program. Under the program, the company repurchases up to £200 million worth of its hares, entered into a non-discretionary agreement with UBS AG London Branch. The purpose of the program is therefore to reduce the Company's share capital. The buyback is subject to approval of Board review and approval. The repurchases will commence from January 2, 2026 and valid till February 24, 2026. Announcement • Nov 13
Rolls-Royce Holdings plc to Report Fiscal Year 2025 Results on Feb 26, 2026 Rolls-Royce Holdings plc announced that they will report fiscal year 2025 results on Feb 26, 2026 Buy Or Sell Opportunity • Oct 30
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 8.6% to €13.40. The fair value is estimated to be €11.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.4% per annum. Earnings are forecast to decline by 13% per annum over the same time period. Announcement • Oct 07
Rolls-Royce Appoints Sashi Mukundan as Executive Vice President, Transformation India, Effective October Rolls-Royce has appointed Sashi Mukundan as Executive Vice President, Transformation India, effective October. His new role will focus on steering government and business relations, with an emphasis on expanding the company's footprint in India. Mukundan brings over two decades of experience from BP, where he served as Senior Vice President, BP Group, and President, BP India. His work included leading the company's energy and low-carbon initiatives and forming a major joint venture with Reliance Industries. Earlier, he held key positions at ARCO, managing operations across several countries. Buy Or Sell Opportunity • Sep 30
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 25% to €13.82. The fair value is estimated to be €11.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.3% per annum. Earnings are forecast to decline by 15% per annum over the same time period. Reported Earnings • Aug 03
First half 2025 earnings released: EPS: UK£0.52 (vs UK£0.14 in 1H 2024) First half 2025 results: EPS: UK£0.52 (up from UK£0.14 in 1H 2024). Revenue: UK£9.49b (up 7.1% from 1H 2024). Net income: UK£4.42b (up 284% from 1H 2024). Profit margin: 47% (up from 13% in 1H 2024). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has increased by 131% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 31
Rolls-Royce Holdings plc Announces Interim Cash Dividend in Respect of the First Half Ended June 30, 2025, Payable on September 18, 2025 On 31 July 2025, the Board of Rolls-Royce Holdings plc announced an interim cash dividend in respect of the first half ended June 30, 2025 of 4.5 pence per ordinary share. The expected total cost of servicing this dividend is £379 million, for which no liability has been recognised at the balance sheet date. The interim dividend will be paid on September 18, 2025 to shareholders on the register on 8 August 2025. Announcement • Jul 30
Rolls-Royce Holdings plc Appoints Stuart Bradie as A Member of the Remuneration Committee and Paulo Cesar Silva as A Member of the Audit Committee, Both with Effect from 1 August 2025 Rolls-Royce Holdings plc announced that Stuart Bradie has been appointed as a member of the Remuneration Committee and Paulo Cesar Silva as a member of the Audit Committee, both with effect from 1 August 2025. Announcement • Jul 17
Fairbanks Morse Defense completed the acquisition of Naval Propulsors & Handling business of Rolls-Royce Holdings plc (LSE:RR.). Fairbanks Morse Defense agreed to acquire Naval Propulsors & Handling business of Rolls-Royce Holdings plc (LSE:RR.) on September 19, 2024. Jefferies Financial Group Inc. acted as financial advisor for Fairbanks Morse Defense. The acquisition will include a range of propellers and waterjets for naval applications, as well as marine handling systems, which enable the deployment and recovery of manned and unmanned craft, and other cargo, from naval vessels. The sale comprises the naval propulsors units in Pascagoula, Mississippi and Walpole, Massachusetts, in the US, as well as the specialized naval handling systems unit in Peterborough, Ontario, Canada. BofA Securities acted as financial advisor to Rolls-Royce Holdings plc.
Andrew Weil, Brian Wohlberg, Paolo Morante, William Bartow, Kurtis Weaver, Brad Jorgensen of DLA Piper LLP (US) & Russel Drew of DLA Piper (Canada) LLP acted as legal advisors for Rolls-Royce Holdings plc (LSE:RR.)
Fairbanks Morse Defense completed the acquisition of Naval Propulsors & Handling business of Rolls-Royce Holdings plc (LSE:RR.) on July 16, 2025. Buy Or Sell Opportunity • Jul 01
Now 22% undervalued Over the last 90 days, the stock has risen 22% to €11.14. The fair value is estimated to be €14.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 91%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 6.6% per annum over the same time period. Announcement • May 01
Rolls-Royce Holdings plc to Report First Half, 2025 Results on Jul 31, 2025 Rolls-Royce Holdings plc announced that they will report first half, 2025 results on Jul 31, 2025 Upcoming Dividend • Apr 10
Upcoming dividend of UK£0.06 per share Eligible shareholders must have bought the stock before 17 April 2025. Payment date: 16 June 2025. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (0.7%). Announcement • Apr 09
Comply365, LLC acquired AQD from Rolls-Royce Holdings plc (LSE:RR.). Comply365, LLC acquired AQD from Rolls-Royce Holdings plc (LSE:RR.) on April 7, 2025. As part of the change in ownership, the Rolls-Royce SMS solution with revert to its former name AQD. This acquisition of AQD will further strengthen Comply365’s product capabilities and service offering in safety management and add a significant number of leading aviation customers to its global customer base.
Morgan Elwyn, Philip Coletto and Rahul Saha of Willkie Farr & Gallagher LLP and Willkie Farr & Gallagher LLP (U.K.) acted as legal advisor for Comply365, LLC. DLA Piper New Zealand acted as legal advisor for Rolls-Royce Holdings plc.
Comply365, LLC completed the acquisition of AQD from Rolls-Royce Holdings plc (LSE:RR.) on April 7, 2025. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €7.86, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 24x in the Aerospace & Defense industry in Europe. Total returns to shareholders of 582% over the past three years. Announcement • Feb 28
Rolls-Royce Holdings plc, Annual General Meeting, May 01, 2025 Rolls-Royce Holdings plc, Annual General Meeting, May 01, 2025. Announcement • Feb 27
Rolls-Royce Holdings plc (LSE:RR.) announces an Equity Buyback for £1,000 million worth of its shares. Rolls-Royce Holdings plc (LSE:RR.) announces a share repurchase program. Under the program, the company has entered into a non-discretionary agreement (Agreement) with UBS AG London Branch to repurchase up to £1,000 million worth of its shares. The repurchased shares will either be cancelled or used for the purpose of satisfying awards under the company's employee share plans. The purpose of the program is therefore to reduce the company's share capital and to meet obligations arising from its employee share plans. The program is expected to complete no later than December 31, 2025. Reported Earnings • Feb 27
First half 2024 earnings released: EPS: UK£0.14 (vs UK£0.15 in 1H 2023) First half 2024 results: EPS: UK£0.14 (down from UK£0.15 in 1H 2023). Revenue: UK£8.86b (up 18% from 1H 2023). Net income: UK£1.15b (down 6.5% from 1H 2023). Profit margin: 13% (down from 16% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 4 years, compared to a 10% growth forecast for the Aerospace & Defense industry in Europe. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 94% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €8.90, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 21x in the Aerospace & Defense industry in Europe. Total returns to shareholders of 633% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.02 per share. Announcement • Nov 08
Rolls-Royce Holdings plc to Report Fiscal Year 2024 Results on Feb 27, 2025 Rolls-Royce Holdings plc announced that they will report fiscal year 2024 results on Feb 27, 2025 Announcement • Sep 20
Fairbanks Morse Defense agreed to acquire Naval Propulsors & Handling business of Rolls-Royce Holdings plc (LSE:RR.) Fairbanks Morse Defense agreed to acquire Naval Propulsors & Handling business of Rolls-Royce Holdings plc (LSE:RR.) on September 19, 2024. Jefferies Financial Group Inc. acted as financial advisor for Fairbanks Morse Defense. The acquisition will include a range of propellers and waterjets for naval applications, as well as marine handling systems, which enable the deployment and recovery of manned and unmanned craft, and other cargo, from naval vessels. The sale comprises the naval propulsors units in Pascagoula, Mississippi and Walpole, Massachusetts, in the US, as well as the specialized naval handling systems unit in Peterborough, Ontario, Canada. Reported Earnings • Aug 04
First half 2024 earnings released: EPS: UK£0.14 (vs UK£0.15 in 1H 2023) First half 2024 results: EPS: UK£0.14 (down from UK£0.15 in 1H 2023). Revenue: UK£8.86b (up 18% from 1H 2023). Net income: UK£1.15b (down 6.5% from 1H 2023). Profit margin: 13% (down from 16% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jun 10
High number of new directors There are 8 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Paulo de Souza e Silva was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 26
Rolls-Royce Holdings plc to Report Q2, 2024 Results on Aug 01, 2024 Rolls-Royce Holdings plc announced that they will report Q2, 2024 results on Aug 01, 2024 
