Posted on SHARESCOPE 8th September 2023 | By Elric Langton
Aerospace and Defence Giant Rolls-Royce Bounces Back with Impressive Interim Performance. This is excellent news for investors and me, as I suggested better times ahead for the renowned aerospace and defence company when I featured it for Sharescope in January 2022. The share price was in a tailspin for a while, dropping as low as 66p and threatening to splash into the proverbial. But as always, I am looking well ahead into the future and rarely concern myself with short-term movements in the share price unless it is a profit warning. At the time of my first Rolls-Royce feature for Sharescope, I was enthusiastic to see where Rolls-Royce’s small module reactors would progress and if our government would react quickly enough.
Before I delve into recent developments, including the most re…