Rolls-Royce has reported a “strong performance” across all of its business units, in line with the expectations outlined in its full-year 2025 guidance.
The manufacturer shared the news in a trading update published on Thursday (November 13).
Tufan Erginbilgic, CEO of Rolls-Royce, said the performance “builds further confidence" in delivering an operating profit of between £3.1bn and £3.2bn, and free cash flow of between £3bn and £3.1bn, despite continued supply chain challenges.
Demand for Rolls-Royce' civil aerospace products remains strong, and the company highlighted several “significant” large engine orders in the second half of the year so far.
These include orders from airlines and lessors such as IndigGo, Malaysia Airlines, and Avolon. Large engine flying hours for the first 10 months of 2025 were up 8% compared to the same period last year.
There is also a growing demand for the Trent XWB-97-powered Airbus A350F — particularly in China and Asia Pacific, including from Air China Cargo and Korean Air.
With the company's upgraded high-pressure turbine (HPT) blade for the Trent 1000 engine certified in June, these are now being fitted to both new and existing engines in the MRO network. These improvements will more than double time on wing for this engine.
“Maturity testing has been completed on the next phase of durability improvements for the Trent 1000 and Trent 7000," the company said. "These improvements remain on track to be certified by the end of 2025 and will increase time on wing of these engines by a further 30%.”
The company said it is strengthening its balance sheet through growing cash delivery, as well as repaying a $1bn bond, that matured in October, earlier this year.
Rolls-Royce has completed £0.9bn of a £1bn share buyback programme as of the end of October.