26-Jul-2013 10:12 AM

Rolls-Royce Holdings underlying profit increases in 1H2013

Rolls-Royce Holdings revenue up 27% – financial highlights for six months ended 30-Jun-2013:

  • Underlying revenue: GBP7320 million, +27% year-on-year;
    • Civil aerospace: GBP3201 million, +6%;
  • Underlying profit before financing costs and tax: GBP872 million, +32%;
    • Civil aerospace: GBP486 million, +59%;
  • Engine deliveries:
    • Civil aerospace: 346, +11%;
  • Order book: GBP69,247 million, +15%;
    • Civil aerospace: GBP56,44 million, +14%;
  • Total assets: GBP22,406 million;
  • Cash and cash equivalents: GBP2492 million;
  • Total liabilities: GBP17,276 million. [more - original PR]

Rolls-Royce Holdings: “In Civil Aerospace, we anticipate modest growth in revenue and strong growth in profit. In Defence Aerospace we expect modest growth in revenue and have changed our guidance on profit from a modest reduction to broadly flat. In Marine we expect modest growth in revenue and profit. And in Energy we expect some improvement in revenue and profit.” Source: Company statement, 25-Jul-2013.