Rolls-Royce maintains outlook, sees traffic growth returning in 2010 – Suppliers Share Wrap

Rolls-Royce Group forecast underlying revenues would increase in 2009, despite the fact that the engine manufacturer sees no evidence of a sustained and general return to growth across its market. In its Interim Management Statement for 01-Jul-2009 to 02-Nov-2009, Rolls-Royce stated that trading activity across the group's businesses remains "in line with expectations" and underlying profits are expected to remain "broadly similar" to 2008.