Rolls-Royce Holdings PLC Trading Statement Call Transcript - Thomson StreetEvents

Rolls-Royce Holdings PLC Trading Statement Call Transcript

Rolls-Royce Holdings PLC Trading Statement Call Transcript - Thomson StreetEvents
Rolls-Royce Holdings PLC Trading Statement Call Transcript
Published Dec 11, 2020
12 pages (7496 words) — Published Dec 11, 2020
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About This Report

  
Abstract:

Edited Transcript of RR.L sales update conference call or presentation 11-Dec-20 9:00am GMT

  
Brief Excerpt:

...Operator Hello and welcome to the Rolls-Royce Trading Update Call. (Operator Instructions) And just to remind you, this conference call is being recorded. I'll now hand you over to Isabel Green, Head of Investor Relations. Please go ahead with your meeting. Isabel Green ...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Rolls-Royce Holdings PLC
Ticker
RR.L
Time
9:00am GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Benjamin Michael Heelan - BofA Merrill Lynch, Research Division - Analyst : One, I guess just back on what Andrew was asking there. I guess another way to ask it was you said that the recovery to positive free cash flow is going to be dependent on that recovery in engine flying hours. Is there a way to gauge what level of engine flying hours need to be back relative to 2019 in a given month for you to be free cash flow positive? Is there a way to frame it around that? That would be the first question. And then the second question, could you talk a little bit, has there been interest in ITP and Bergen? And are there any other facilities that you're considering putting into ITP to make it more attractive to bidder?

Question: Timm Nikolaus Schulze-Melander - Redburn (Europe) Limited, Research Division - Analyst : I'm standing for Jeremy Bragg. I have a 2-part question, if I can, just thinking about the Trent 1000 and aircraft on ground being a sort of unexpected beneficiary of this COVID crisis. First part of question is, could you just tell us what will happen to the Trent 1000 provisioning flows in '21 and '22? And then just, again, on those Trent 1000 sort of expected cash flows in 2021, what are you expecting now compared to what you would have expected, let's say, a year ago? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies.

Question: Timm Nikolaus Schulze-Melander - Redburn (Europe) Limited, Research Division - Analyst : Great. Very clear. If I could just sneak in one follow-up, and that's, Stephen, on your replacement. So Warren, could you maybe give us an update on where the company stands on the CFO search?

Question: Sean A. Stewart - JPMorgan Chase & Co, Research Division - Analyst : I just have one quick question, please. You've reiterated your guidance this morning for at least GBP 750 million in free cash flow in 2022 pre the disposal. Are you able to give us any EBITDA guidance behind that free cash flow guidance, please?

Table Of Contents

Full Year 2021 Rolls-Royce Holdings PLC Earnings Call Transcript – 2022-02-24 – US$ 54.00 – Edited Transcript of RR.L earnings conference call or presentation 24-Feb-22 8:30am GMT

Rolls-Royce Holdings PLC Trading Statement Call Transcript – 2021-12-09 – US$ 54.00 – Edited Transcript of RR.L sales update conference call or presentation 9-Dec-21 9:00am GMT

Half Year 2021 Rolls-Royce Holdings PLC Earnings Call Transcript – 2021-08-05 – US$ 54.00 – Edited Transcript of RR.L earnings conference call or presentation 5-Aug-21 7:30am GMT

Rolls-Royce Holdings PLC Net Zero Round Table Event (Virtual) Transcript – 2021-06-17 – US$ 54.00 – Edited Transcript of RR.L corporate analyst meeting</ 17-Jun-21 2:00pm GMT

Full Year 2020 Rolls-Royce Holdings PLC Earnings Call Transcript – 2021-03-11 – US$ 54.00 – Edited Transcript of RR.L earnings conference call or presentation 11-Mar-21 9:00am GMT

Rolls-Royce Holdings PLC to Discuss Proposed Recapitalisation Call Transcript – 2020-10-01 – US$ 54.00 – Edited Transcript of RR.L conference call or presentation 1-Oct-20 7:30am GMT

Half Year 2020 Rolls-Royce Holdings PLC Earnings Call Transcript – 2020-08-27 – US$ 54.00 – Edited Transcript of RR.L earnings conference call or presentation 27-Aug-20 8:00am GMT

Rolls-Royce Holdings PLC Annual Shareholders Meeting Transcript – 2020-05-07 – US$ 54.00 – Edited Transcript of RR.L shareholder or annual meeting 7-May-20 10:00am GMT

Full Year 2019 Rolls-Royce Holdings PLC Earnings Presentation Summary – 2020-02-28 – US$ 54.00 – Edited Brief of RR.L earnings conference call or presentation 28-Feb-20 9:00am GMT

Full Year 2019 Rolls-Royce Holdings PLC Earnings Presentation Transcript – 2020-02-28 – US$ 54.00 – Edited Transcript of RR.L earnings conference call or presentation 28-Feb-20 9:00am GMT

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Thomson StreetEvents. "Rolls-Royce Holdings PLC Trading Statement Call Transcript" Dec 11, 2020. Alacra Store. May 03, 2024. <http://www.alacrastore.com/thomson-streetevents-transcripts/Rolls-Royce-Holdings-PLC-Trading-Statement-Call-T13539748>
  
APA:
Thomson StreetEvents. (2020). Rolls-Royce Holdings PLC Trading Statement Call Transcript Dec 11, 2020. New York, NY: Alacra Store. Retrieved May 03, 2024 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Rolls-Royce-Holdings-PLC-Trading-Statement-Call-T13539748>
  
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