Rolls-Royce shares fall as investors worry on outlook

British aerospace and industrial power engineering company Rolls-Royce reiterated its forecast for 2016 but said it expected the bulk of profits would only come through in the second half of the year, worrying investors.

Concerns over the scale of the challenge faced by Rolls-Royce to deliver on forecasts sent shares in the maker of aircraft engines down 6% at one stage.

The fall in the stock’s value yesterday followed its 22% rise since mid-February when it maintained its 2016 forecast, giving investors confidence that it had turned a corner.