Rolls-Royce delivered a set of results which contained very few surprises given that the guidance had been seriously reviewed last November (please see our Latest of 27/11/2015). Headline figures: The order book grew by 4% in value terms, underpinning Rolls-Royce's confidence in reaching a 50% market share in the long haul engine market for Civil Aerospace. Underlying revenue was £13.4bn (FY14: £13.9bn), down 1% at constant exchange rates. Underlying profit before tax was £1
16 Feb 2016
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Rolls-Royce Holdings plc (RR:LON) | 395 -27.7 (-1.7%) | Mkt Cap: 33,280m
- Published:
16 Feb 2016 -
Author:
Thomas Picherit -
Pages:
4
Rolls-Royce delivered a set of results which contained very few surprises given that the guidance had been seriously reviewed last November (please see our Latest of 27/11/2015). Headline figures: The order book grew by 4% in value terms, underpinning Rolls-Royce's confidence in reaching a 50% market share in the long haul engine market for Civil Aerospace. Underlying revenue was £13.4bn (FY14: £13.9bn), down 1% at constant exchange rates. Underlying profit before tax was £1