Rolls Royce chief says company is a 'burning platform'

By Alexander Bueso

Date: Friday 27 Jan 2023

(Sharecast News) - Rolls Royce's new boss told staff the engineering group was a "burning platform".
In a global address to staff, parts of which were shared with the Financial Times, Tufan Erginbilgic, said that "given everything I know talking to investors, this is our last chance".

He described the company's performance as unsustainable, adding that the situation had nothing to do with Covid-19.

Nonetheless, he reportedly stressed that he believed the company could be turned around.

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