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Rolls-Royce shares: why management is investing more in power systems
Rolls-Royce shares: why management is investing more in power systems More on: Although Rolls-Royce (LSE:RR) has bled a lot of money this year due to the pandemic, the company has shored up its balance sheet lately. In October, RR raised £5bn in extra liquidity through a rights issue and bond issuances. Analysts expect air travel to increase over the next few years with the distribution of Covid-19 vaccines. As a result, things could return closer to normal for the company by 2022. Indeed, management expects to target free cash flow of a minimum of £750m free cash flow in 2022, whi...
Source: fool.co.uk