Here’s the most impressive thing about the Rolls-Royce share price: and it’s not the share price
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The Rolls-Royce Holdings (LSE: RR.) share price has gained a staggering 2,078% over the past five years.
But what’s more impressive are the fundamental numbers driving it all. And there’s more than just a recovery from the pandemic crash behind them.
Then and now
I’ve been having a look at 2019 full-year results — the last before Covid. At the time, Rolls was having a bit of a wobble, with its earlier share price rise heading into reverse.
I’m also casting my eye over 2024 results, which is the most recent full year we have.
One thing immediately strikes me. Revenue in the two years wasn’t miles apart. Back in 2019, Rolls reported underlying revenue of £15,450m….
