U.K. aerospace blue-chip stock Rolls-Royce has flown high over the last 12 months on the back of a strong headline performance? So what can investors expect next?

The FTSE 100 company, whose engines power some of the world’s largest commercial aircraft, said it would achieve its “mid term” profit targets, set in 2023, two years earlier than planned, in the latest stage of a turnaround under chief executive Tufan Erginbilgiç.

The FTSE 100 company announced a sharp improvement in profits and cash flows thanks to restructuring measures and a recovery in commercial airline activity.

The UK government's nuclear energy ambitions could spell even more profits for Rolls-Royce, with the shares already up 28% this year. The post Rolls-Royce shares are on a tear and could climb even further!