Rolls-Royce today announced pre-tax profits of £1.4bn up 24% on their 2011 results. It is the tenth year in a row that the British company has recorded a profit.
The civil aerospace division took £10.3bn worth of new orders, a five percent increase in back orders. The growth is being driven by demand for Rolls-Royce’s Trent jet engines designed for wide-body aircraft such as Airbus’ A380, A350 and A330 as well as Boeing’s 787 Dreamliner. John Rishton, CEO of Rolls-Royce said: “The strength of…
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