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Rolls-Royce shares jump 8% after 2023 profits more than double
Rolls RoyceRolls Royce(US:RYCEY) CNBC·2024-02-22 08:51

An Airbus A340-313, operated by Universal Sky Carrier is landing at night in Barcelona, Spain.LONDON — Rolls-Royce shares jumped more than 8% on Thursday after the British aerospace group more than doubled its annual profits in 2023 and forecast further momentum this year.Rolls-Royce, which manufactures jet engines for commercial aircraft along with power systems for ships and submarines, posted an underlying operating profit of £1.6 billion ($2 billion) in 2023, compared to £652 million in 2022.The group a ...