Share price rebounds at Rolls-Royce as investors dig in
The share price at Rolls-Royce surged on Tuesday morning (April 8) after a turbulent few days following the introduction of Donald Trump’s tariffs system.
Despite plunging to a low of 635p on Monday, Tuesday morning saw the Derby firm’s share price rebound to 678p at close of trading – up 6.6% on their opening price.
Trump’s tariffs had meant that £10bn had been wiped off the value of Rolls-Royce. The company’s share price is down 12.5% over the last five days after reaching an all-time high in February.
That month, Rolls-Royce revealed its 2024 results, which showed underlying profit rising from £1.26bn to £2.29bn last year. The business forecasted that its 2025 adjusted operating profit would come in between £2.7bn and £2.9bn.
The company upgraded its mid-term operating profit targets to between £3.6bn-£3.9bn and launched a £1bn share buyback
Tufan Erginbilgic, CEO, said Rolls-Royce was moving “with pace and intensity”.
