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Rolls-Royce lifts profit outlook on defense and AI
Rolls-Royce, the British company, has raised its profit forecasts for the current year, supported by the accelerating increase in defense spending and rapid growth in AI data centers. The operating profit for the first half of the year reached £2.5 billion, a 46% increase year-on-year, with revenues rising by 24% to £11.3 billion. The company now expects annual operating profits between £4.7 billion and £4.9 billion, exceeding previous expectations. These results reflect the success of the transformation strategy led by the CEO, as the company shifts from aircraft manufacturing to becoming a provider of smart infrastructure and supporting global military expansion.
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