Rolls-Royce powers up growth in revenue

Posted on 4 May 2012

Engine-maker Rolls-Royce has stated that revenue and profit are growing as demand increases for its products within the aerospace sector.

Following the company’s full year report in February, Rolls-Royce says that the group’s balance sheet remains strong, with Standard & Poor’s Ratings Services raising its long and short term corporate credit ratings to ‘A/A-1’ from ‘A-/A-2’ with a stable outlook. Since announcing preliminary results in February, the Trent XWB engine has taken to the skies for…

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