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Rolls-Royce profits soar 50% on strong demand for jet engines

Shares hit record high on news that underlying operating profits climbed to £1.7bn in first half of 2025

Rolls-Royce has reported a 50% rise in half-year profits as strong demand for its jet engines and power generators for AI datacentres solidified its turnaround efforts.

The British jet-engine maker said underlying operating profits climbed to £1.7bn in the first six months of 2025, from £1.1bn during the same period last year, in an earnings update that helped push the company’s shares to a fresh all-time high.

The strong half-year results meant the manufacturer, whose main operations are in Derby, was able to raise its profit forecast for the year from a range of £2.7bn-£2.9bn to £3.1bn-£3.2bn.

Rolls-Royce, which makes engines used in large Boeing and Airbus planes, said its earnings were driven in part by strong demand for its large engines business. It has also been helped by the boom in weapons spending since Russia’s invasion of Ukraine, with Rolls-Royce a key supplier of engines for fighter jets.

Its power systems business had a significant increase in interest from datacentres, which the chief executive, Tufan Erginbilgiç, confirmed was linked to the boom in artificial intelligence.

Orders for datacentres rose by 85% compared with last year. The company expects a 20% increase in datacentre orders every year to 2030, having forecast annual growth of 15-17% as recently as February.

The results helped propel Rolls-Royce’s shares up 10.5% on Thursday morning to a record high of £11.085, driving the company’s valuation above £90bn for the first time. In October 2020, the first year of the Covid-19 pandemic, its share price fell below 40p.

Its valuation has nearly doubled during 2025 and it is the fifth most valuable company on the London Stock Exchange. Rolls-Royce’s rally helped to power the FTSE 100 index of blue-chip shares to a record intraday high of 9,190 points on Thursday morning.

The company’s turnaround has been a triumph for Erginbilgiç, who ruffled feathers on taking over the business in 2023 by saying it was on a “burning platform”.

Since then he has cut costs and pushed customers to pay more for its products through renegotiating contracts for maintaining jet engines that go on wide-body planes such as the Airbus A350 and Boeing 787.

The company received a recent boost from the UK government’s decision to choose it to deliver the first small modular nuclear reactors (SMRs) – factory-produced nuclear power stations that aim to cut costs.

Rolls-Royce said the SMR business, which it hopes could eventually be bigger than the existing revenues, should be “profitable and free cashflow positive by 2030”, before delivery of the first SMRs a couple of years later.

Sourse: https://www.theguardian.com/business/2025/jul/31/rolls-royce-profits-jet-engines-shares

Rolls-Royce

Ukrnafta paid UAH 5 bln in dividends for 2024

Ukrnafta transferred UAH 5 billion in dividends to the state budget based on its 2024 performance, the company said on Wednesday.

According to the company, the dividend payments to Naftogaz of Ukraine and the Ministry of Defense of Ukraine for 2024 were made on time and in full.

“The company continues to develop actively, increasing oil and gas production and sales of petroleum products for two years in a row, as well as increasing its market share in the fuel and lubricants segment,” said Serhiy Koretsky, chairman of the board of Naftogaz of Ukraine.

As reported, PJSC Ukrnafta’s net profit for 2024 amounted to UAH 16.38 billion.

Ukrnafta is Ukraine’s largest oil producer and operator of the national network of gas stations. In March 2024, the company took over the management of Glusco’s assets and now operates a total of 544 gas stations, 461 of which are owned by the company and 83 are under management.

The company holds 92 special permits for industrial development of deposits. It has 1,832 oil and 154 gas production wells on its balance sheet.

The largest shareholder of Ukrnafta is Naftogaz of Ukraine with a 50%+1 share. In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer the corporate rights of the company, which were owned by private owners and are currently managed by the Ministry of Defense, to the state.

Ukrnafta is Ukraine’s largest oil producer and operates a national network of gas stations. In March 2024, the company took over the management of Glusco’s assets and now operates a total of 545 gas stations, 461 of which it owns and 84 of which it manages.

The company is implementing a comprehensive program to restore operations and upgrade the format of its network of gas stations. Since February 2023, it has been issuing its own fuel vouchers and NAFTAKarta cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.

The largest shareholder of Ukrnafta is Naftogaz of Ukraine with a 50%+1 share.

In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer the privately owned corporate rights of the company to the state, which are now managed by the Ministry of Defense.

DIVIDENDS, UKRNAFTA

“Express Insurance” in June paid out to clients in Europe on hull insurance more than UAH 2.4 mln.

IC “Express Insurance” in June 2025 settled insured events under hull insurance contracts in Greece, Spain, Italy, France, Poland, Croatia, Romania and Belgium for the total amount of UAH 2,439 million, the insurer’s website reports. It is emphasized that all cases, on which payments were made this month, were connected with road accidents.

So in particular, while driving on a high-speed highway in Greece, the car of the company’s client suddenly became uncontrollable – the car had a torn off wheel. The car was pushed onto a jackknife, after which it was dragged for about 100-150 meters. As a result of the collision, the front right part of the car was significantly damaged, including suspension elements and the bottom of the engine. The payout amounted to more than UAH 2 mln.

Ten insured events occurred during parking – in different countries, but under similar circumstances. The total amount of payments on all cases amounted to almost UAH 295 thousand.

Four insured events occurred with parked cars. In each of them the drivers discovered the damage after returning to the car. The total amount of payments on these cases amounted to UAH 105,5 thousand.

Express Insurance” ALC was founded in 2008 with participation of Ukravto Group.

The company is represented in more than 60 points of sale throughout Ukraine and actively expands the network of partner service stations.

CASCO, EXPRESS INSURANCE

Rejuvenation without scalpel: micro-needle RF lifting at ADONIS clinic until September 1

Looking for an effective way to improve skin tone, smooth wrinkles, and restore a clear facial contour — without surgery or lengthy recovery? At ADONIS, we know how to combine technology, expertise, and care for your beauty.

Throughout the summer, we are offering advanced solutions at special prices for microneedle RF lifting on the innovative Elos device.

Promotion terms and conditions:

Valid until: September 1, 2025
Location: ADONIS Clinic, 8-B Raisy Okipnoi St., Kyiv
Procedures performed by: Kateryna Bondar — senior dermatologist, cosmetologist-trichologist with 24 years of experience.
The promotion is only valid for patients aged 18 and over
Not valid for services covered by insurance programs

What is microneedle RF lifting and why Elos?

Microneedle RF lifting is one of the most effective non-invasive rejuvenation techniques. The procedure combines microneedle stimulation and radiofrequency (RF) energy, which penetrates deep into the dermis, activating the synthesis of new collagen and elastin. The result is firmer, smoother, and denser skin without surgery.

The ELOS DOUBLE PRIME 2024 device is a flagship piece of new-generation equipment that provides:

double penetration of RF energy through insulated microneedles;
control of heating depth and temperature;
maximum comfort and safety for the patient.

Special prices for microneedle RF services

Microneedle RF lifting of areas:

Face (60 min) – 4,500 UAH
Cheeks after acne (30 min) – 4,500 UAH
Neck (30 min) – 2,000 UAH
Face + neck + décolleté + hands (60 min) – 5,500 UAH
Décolleté (30 min) – 2,000 UAH
Hands (30 min) – 2,000 UAH
Elbows + knees (30 min) – 2,000 UAH
Arm (shoulder area) (60 min) – 4,500 UAH
Abdomen (60 min) – 4,500 UAH
Buttocks (60 min) – 4,500 UAH
Thighs (2 areas, 60 min) – 5,500 UAH
Abdomen + thighs (60 min) – 10,000 UAH
Abdomen + buttocks (60 min) – 5,500 UAH

How to take advantage of this offer?

Come in for your procedure on time and get results at a promotional price.

ADONIS – quality medicine for adults and children.

ADONIS is a network of private medical centers for adults and children. The private clinic ADONIS was founded over 25 years ago. Its network includes seven branches in Kyiv and the surrounding region, including a rehabilitation center and a stem cell laboratory. Doctors at the clinic’s branches provide consultations in 65 medical fields. In the current war situation, ADONIS branches with surgical departments provide high-quality medical care to military personnel and civilians.

ADONIS, Rejuvenation, RF lifting

NKMZ resumes production and increases exports to Europe and Asia

Novokramatorsk Machine-Building Plant (NKMZ, Kramatorsk, Donetsk region) plans to increase production and sales by 81.5% in 2025 compared to 2024, to UAH 2.08 billion.

The relevant plans are contained in the company’s financial report for 2024, published in the NSSMC disclosure system.

“The company’s activities in 2025 will, with a high degree of probability, be limited. Based on these assumptions for 2025, production plans have been approved for 12,700 tons of machinery and equipment for the metallurgical, mining, construction, lifting, loading, and unloading industries, as well as spare parts,” the report says.

NKMZ notes that this year, the plant’s metallurgical production plans include the manufacture of 21.78 thousand tons of liquid steel, 120 tons of liquid pig iron, 1.1 thousand tons of steel castings, and 100 tons of pig iron, as well as 15.84 thousand tons of forgings.

“The development of projects for the promising further development of the enterprise, the formation of measures aimed at the successful operation of the enterprise, the creation of new equipment and research and development, the technical re-equipment and introduction of resource-saving technologies will begin after the end of the war in Ukraine,” the plant said.

At the same time, measures are planned for 2025 to conduct a supervisory audit of the quality management system by ISOaccelerator to confirm and extend the validity of the ISO 9001:2015 certificate.

The marketing strategy of PJSC NKMZ for the current year is to maintain and expand strategic market segments and increase its presence in Eastern, Central, and Western Europe, and Central Asia.

According to the report, in 2024, the main market segments for NKMZ PJSC products were Asia (54.4% of sales), Europe (24.9%), and Ukraine (17.9%).

In terms of total sales in monetary terms, 55.2% were rolling rolls, 18.1% were metallurgical and rolling equipment, 7.3% were mining and ore equipment, and other equipment accounted for 19.4%.

Investments in production development last year amounted to UAH 28.15 million.

As reported, in 2024, NKMZ’s net income increased 3.2 times compared to the previous year, reaching UAH 1 billion 146 million, with exports to European and Asian countries accounting for UAH 941.3 million (82%). Net profit amounted to UAH 36.33 million (in 2023, the company reported a loss of UAH 856.93 million).

At the same time, in 2024, Slovakia, Lithuania, Egypt, and Luxembourg joined Uzbekistan, Kazakhstan (where exports fell 12.3 times over the year), and India (where exports grew 31 times) as the largest importers of NKMZ products. Supplies within Ukraine increased 5.2 times to UAH 204.6 million.

NKMZ, whose capacity was forced to be mothballed with the start of the full-scale military invasion of Ukraine by the Russian Federation, began to partially resume operations in October 2023.

NKMZ is a city-forming enterprise in Kramatorsk, the largest in Ukraine in the production of rolling, metallurgical, forging and pressing, hydraulic, mining, lifting and transport, hydraulic and railway equipment.

Before the war in 2021, the company’s net income exceeded UAH 6 billion.

At the beginning of 2023, the average number of employees exceeded 7,200, and at the beginning of 2025, it was 5,660.

ASIA, EUROPE, EXPORT, NKMZ, PRODUCTION

About 3 mln Ukrainians have left and not returned since the start of full-scale

How Ukrainians are leaving and returning

The State Border Service recorded over 16.4 million border crossings (total departures and returns) in the first half of 2025. 85% of border crossings were made by Ukrainians. 250,000 citizens who crossed the border this year did not return to Ukraine. This is 1.6 times less than in the same period last year.

16.47 million border crossings were recorded in the first six months of 2025. This is 4% more than in the same period last year. The vast majority of crossings — 85%, or 14.08 million — were made by Ukrainians. It should be noted that these are official border crossings — cases of “swimming across the Tisa” or leaving through temporarily occupied territories cannot be reliably tracked.

7.17 million citizens left Ukraine between January and June, while 6.92 million returned. Thus, this year, 250,000 more people left the country than returned. However, this is 1.6 times less than in the same period last year, when the difference was 404,000. In total, more than 3 million citizens have left since the start of the full-scale war and have not returned.

On average, Ukrainians cross the border 2.35 million times per month. The lowest number was in February (1.78 million), and the highest was in June (3.13 million). June, July, and August are traditionally peak months, accounting for a third of all border crossings during the year.

https://opendatabot.ua/analytics/ukrainians-emigration-trend-2025

Business news from Ukraine