Q1 in line with expectations for Rolls-Royce with modest growth predicted

AERO engine manufacturer Rolls-Royce said trading in the its first quarter had been consistent with its expectations and for the full year it has predicted modest growth in underlying revenue and good growth in underlying profit, with cash flow likely to be around breakeven.  

Since its preliminary results in February, the firm has won a £1.05bn order from International Airlines Group (IAG) for its Trent XWB engines. The package includes long-term TotalCare® service support agreements to power 18 Airbus A350-1000 airc... For the full story register now for free or login below...