by bondevalue | Mar 12, 2021 | High Yield Bonds
Rolls-Royce (RR) reported earnings showing a £4bn ($5.6bn) underlying loss before tax for 2020, worse than expectations of a £3.1bn ($4.3bn) loss. Underlying revenues fell 24% to £11.8bn ($16.5bn). The losses included a £1.7bn ($2.4bn) underlying finance charge...