- In the first half of the year, Rolls-Royce disappointed its investors, as its underlying revenue for the period was down 24.4% Y/Y to £5.56 billion.
- Due to its large exposure to the civil aviation industry, which is currently experiencing one of the worst times in its history, Rolls-Royce will continue to be an unattractive investment.
- With a net debt position and no growth prospects, it’s hard to justify a long position in Rolls-Royce, as there are more attractive stocks to own in the current environment.
For further details see:
Rolls-Royce Holdings: Unattractive Due To Large Civil Aviation Exposure