Rolls-Royce profits up on Civil Aerospace as aftermarket soars

Rolls-Royce Defence

Rolls-Royce profits up on Civil Aerospace reflect stronger aftermarket and rising shop visits. The Focus Keyphrase “Rolls-Royce profits up on Civil Aerospace” captures the core driver of first-half results. As a result, operating profit rose 51pc to £1.7bn despite supply chain and tariff headwinds.

Aftermarket strength lifts Rolls-Royce profits up on Civil Aerospace

Civil Aerospace drove earnings through higher engine maintenance activity and pricing. Shop visits increased 12pc to 696, including 217 large engine majors. Meanwhile, first-half engine deliveries totaled 237 units, split between 122 large engines and 115 business and regional engines. Airlines prioritized uptime, which pushed high-margin services and reinforced cash generation. Large engine orders reached 349, lifting the order book 12pc to 2,056 by end-June.

Diversified segments reinforce guidance upgrade

Power Systems and Defence provided additional revenue momentum across end markets. Power Systems revenue rose 20pc to £2.0bn, supported by 45pc growth from data centers and 19pc growth from governmental demand. Defence revenue reached £2.2bn, with transport up 29pc, while submarines declined without last year’s one-off benefit. Therefore, Rolls-Royce raised 2025 operating profit guidance to £3.1-£3.2bn and targets 540-570 total OEM deliveries this year. These upgrades underscore Rolls-Royce profits up on Civil Aerospace as the key earnings pillar.

Rolls-Royce profits up on Civil Aerospace point to durable service tailwinds. The combination of higher time-on-wing, disciplined capacity, and strong spares demand supports margins. However, management still monitors castings, forgings, and tariff exposure that could affect cadence.

The Metalnomist Commentary

We see sustained service-led growth as widebody utilization climbs and shop capacity normalizes. Guidance implies confidence in parts availability and MRO throughput, but tariff policy and component bottlenecks remain swing factors. Watch order conversion and cash from services as leading indicators into 2026.