Rolls-Royce May Jump 85% by 2020, Hedge Fund Tybourne Says
- Tybourne Capital’s Krishnan sees bigger free cash flow coming
- Firm is in early stages of ramping up delivery: Krishnan
An employee fits the nose cone to a Trent 700 aircraft engine on the production line at the Rolls-Royce Holdings Plc factory in Derby, U.K., on Wednesday, Aug. 19, 2015. Rolls-Royce's XWB engine developed for the Airbus A350 should bring in twice the cash flow than the existing Trent 700 model on the Airbus A330, Chief Executive Warren East said in July.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
Rolls-Royce Holdings Plc’s stock may rise 85 percent by 2020 as the company boosts its share of a growing market for aircraft engines, Eashwar Krishnan, managing partner of hedge fund Tybourne Capital Management said in Hong Kong.
The company is at an “inflection point" Krishnan told the Sohn Conference on Wednesday.