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09-May-2011 6:05 AM

Rolls-Royce maintain outlook for improving profitability in 2011

Analysis

Rolls-Royce is maintaining its outlook for 2011, despite the uncertainty from the Middle East, the Japanese earthquake disaster and volatile oil prices potentially stunting growth in the commercial airliner engine market. According to CEO John Rishton, the company expects profit to be driven by strong demand in developing economies, offsetting more subdued growth in mature markets.

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