Rolls-Royce Sticks to Guidance After Strong Start to Year, Despite Iran War Uncertainty

By Dominic Chopping

Rolls-Royce confirmed its earnings guidance after a strong start to the year, despite the Middle East conflict creating uncertainty.

In a statement to be delivered at the U.K. engine maker's annual shareholder meeting Thursday, it said it expects to fully mitigate the current financial impact of disruption from the conflict and will take necessary action to counter any future impacts.

"We have had a strong start to the year driven by our transformation and self-help, as we continue to further expand the earnings, cash, and growth potential of the business," Chief Executive Tufan Erginbilgic said in a statement.

"We are creating a more resilient and agile Rolls-Royce that is better equipped to respond to changes in the external environment."

The company said it has greater confidence in its guidance after making good progress on its transformation plan. Underlying operating profit is still expected to land between 4 billion and 4.2 billion pounds ($5.39 billion-$5.66 billion) this year with 3.6 billion to 3.8 billion pounds of free cash flow.

At the same time, Rolls-Royce said it remains well positioned to deliver its midterm targets, with substantial growth beyond the midterm from both its existing and new businesses.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

April 30, 2026 02:57 ET (06:57 GMT)