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Engineering

  • Rolls-Royce: FTSE 100 shares spike as expectations beaten

    July 31, 2025

    Shares in Rolls-Royce have spiked after the FTSE 100 giant revealed better-than-expected interim results. The Derby-headquartered group confirmed its underlying pre-tax profit had jumped from £1.03bn to £1.68bn in the first six months of its financial year while its underlying operating profit grew by 50 per cent from £1.14bn to £1.73bn. Rolls-Royce’s underlying revenue rose [...]

  • Rolls-Royce: FTSE 100 giant raises profit guidance after £1bn boost

    July 31, 2025

    Rolls-Royce has raised its profit guidance after a “strong start to the year” which saw its revenue surge by almost £1bn. The FTSE 100 giant has reported an underlying pre-tax profit of £1.68bn for the first six months of its financial year, up from the £1.03bn it posted for the same period in 2024. New [...]

  • Wood Group likely to recommend takeover sparking delisting fears

    July 28, 2025

    London-listed engineering and consulting firm Wood Group said it is likely to recommend a takeover by Middle Eastern-based privately owned company Sidara sparking another potential delisting from the London Stock Exchange. Wood said on Monday that Sidara, formerly known as Dar Al-Handasah, had expressed interest in acquiring the group with a 35p per share deal. [...]

  • Rolls-Royce: How high could FTSE 100 giant’s shares go?

    May 24, 2025

    Rolls-Royce, the British icon which has become a darling of the FTSE 100 post-pandemic, is showing no signs of disappointing investors as its market capitalisation passed the £70bn mark for the first time in its history. The milestone means that long-term investors are also guaranteed a huge return if they ever decided to sell, but [...]

  • Diploma: Shares in FTSE 100 firm rocket after profit upgrade

    May 20, 2025

    Shares in FTSE 100 firm Diploma rocketed on Tuesday after the firm upgraded full-year guidance and delivered a strong performance for the first six months of its financial year. In its half-year report, the company, which distributes specialised technical products and services, noted a 14 per cent jump in revenue to £728.5m. Organic revenue growth [...]

  • Smiths Group: Shares jumps as demerger on track

    May 20, 2025

    British engineering firm Smiths Group posted a boost to revenue in the third quarter as it progressed on demerger plans. The group’s revenue jumped 10.6 per cent on the back of “strong performance and momentum in the order book”. Shares in the group rose over two per cent to 2,100p during early trading on Tuesday. [...]

  • Rolls-Royce: FTSE 100 shares reach record high as £70bn valuation nears

    May 16, 2025

    Shares in Rolls-Royce have achieved a new record high as the FTSE 100 giant edges closer to being worth £70bn. The Derby-headquartered group finished trading on Thursday, 15 May, with a share price of 816p, 4p higher than its previous record which it set on 19 March. The total means that Rolls-Royce ended the day [...]

  • Rolls-Royce: Shares in FTSE 100 giant rally on trade deal hopes 

    May 8, 2025

    Shares in Rolls-Royce were driving the FTSE 100’s gains on Thursday as the UK looked poised to secure a trade deal with the US. Shares in the Derby-headquartered group were trading up three per cent at 790.60p in early deals, closing in on its all-time high The firm, which triumphed as Business of the Year [...]

  • Sir Ben Wallace: Former defence secretary gets new job

    April 28, 2025

    Former defence secretary Sir Ben Wallace has taken up his second private sector role since retiring from politics, joining the board of an engineering firm specialising in energy security. Advanced Innergy Holdings (AIS) supplies industrial and energy clients with technology used to protect a wide range of assets, ranging from subsea cables to offshore wind [...]

  • Defence: Building submarines is ‘blueprint’ for UK growth, Starmer says

    March 20, 2025

    Building new submarines in Barrow-in-Furness is a “blueprint” for how increasing defence spending can boost prosperity across the UK, the Prime Minister has said. Sir Keir Starmer made the comments ahead of a visit to the town at the heart of Britain’s submarine-building industry. Sir Keir is expected to lay the keel for the next [...]

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