Rolls-Royce on course for £3bn profit target

Source: The Business Desk  - Sam Metcalf

Rolls-Royce Holdings has reported continued strong performance across its businesses in a trading update to 31 October 2025, saying results remain in line with expectations and reinforcing confidence in its full-year guidance.

Chief executive Tufan Erginbilgic said the group’s ongoing transformation programme was “delivering profitable growth and further strengthening our balance sheet”, despite ongoing supply chain challenges. Rolls-Royce continues to target underlying operating profit of between £3.1bn and £3.2bn and free cash flow of between £3.0bn and £3.1bn for 2025.

In civil aerospace, demand has remained strong, supported by major large engine orders from IndiGo, Malaysia Airlines and Avolon. Large engine flying hours rose 8% year on year to 109% of 2019 levels. The upgraded Trent 1000 HPT blade, certified in June, is now being fitted across the maintenance network, while further durability upgrades for the Trent 1000 and Trent 7000 are on track for certification by the end of next year. Rolls-Royce also received an Airbus supplier award for operational excellence.

The defence division saw continued demand and progress within the Global Combat Air Programme, including testing of advanced combustor technology. Rolls-Royce engines will power 20 Eurofighter Typhoons to be exported to Türkiye, and work on the US Government’s Project Pele microreactor continues to plan.