Rolls-Royce lifts 2026 guidance after H1 underlying profit hits £2.5bn as FTSE 100 holds flat

Rolls-Royce reported underlying profit before tax of £2.5bn for the first half of 2026, up 48% year on year, as revenue rose by £2bn to £11.3bn. The company raised its full-year outlook for underlying operating profit to £4.7bn-£4.9bn and lifted its free cash flow forecast to £3.8bn-£4.0bn. It said the results reflected a sustained recovery in its civil aerospace business and progress in its turnaround efforts. The FTSE 100 was flat as markets digested the Federal Reserve holding interest rates and Iran’s military action.