Rolls-Royce Holdings PLC
RR.: XLON (GBR)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
GBX 382.00 | Wzdszw | Vrpndtpl |
We Update Rolls-Royce to Account for the Sale of ITP Aero; Fair Value Estimate Increases Slightly
Business Strategy and Outlook
Rolls-Royce Holdings was battling with disruptive Trent 1000 in-service engine-related problems prior to the outbreak of the coronavirus. Matters have taken a turn for the worse since the outbreak and the resulting devastation it sowed on commercial air travel. As a result, Rolls-Royce has run into liquidity problems which was addressed by a GBP 2 billion rights issue and the disposal of assets expected to raise a further GBP 2 billion.