Rolls-Royce Backs 2025 Outlook, Says Tariffs Are Manageable (3)

Rolls-Royce Holdings Plc expressed confidence the aircraft engine supplier can meet its financial goals for the year despite the uncertainty caused by the introduction of new tariffs.

The UK company expects to offset US President Donald Trump’s announced tariffs through “mitigating actions,” Chief Executive Officer Tufan Erginbilgic said in a statement Thursday ahead of the company’s annual meeting. “We are closely monitoring the potential indirect impact on economic growth and inflation, and will continue to take the necessary actions.”

The CEO, who has cut thousands of jobs since joining Rolls in 2023, didn’t outline his plans to counter the ...