
Mumbai, March 3 -- Rolls-Royce Power Systems achieved record financial results in 2024, surpassing 5.05 billion Euros in sales, an 11 per cent increase. Adjusted operating profit rose 40 per cent to 662 million Euros, with a return on sales reaching 13.1 per cent.
Growth was fuelled by strong demand for mtu backup power systems, particularly for data centres (+46 per cent) and government contracts (+17 per cent). The company secured 6 billion Euros in new orders and is investing in new product development, including a next-gen mtu engine with 20 per cent more power.
Major investments include expanding production in Mankato, Aiken, and Friedrichshafen, ensuring capacity for rising global demand.
Published by HT Digital Content Services with permission from Construction World.