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RR. Rolls-royce Holdings Plc

410.40
4.10 (1.01%)
Last Updated: 11:28:04
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Rolls-royce Holdings Plc LSE:RR. London Ordinary Share GB00B63H8491 ORD SHS 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.10 1.01% 410.40 410.20 410.40 411.90 406.60 407.50 2,220,498 11:28:04
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Aircraft Engine,engine Parts 16.49B 2.41B 0.2884 14.18 34.21B

Rolls-Royce Holdings Confirms Full-Year Outlook, Reports Weak Demand in Marine Business

09/11/2017 8:12am

Dow Jones News


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By Carlo Martuscelli

 

Rolls-Royce Holdings PLC (RR.LN) said on Thursday that it was reconfirming its full-year outlook, and that its marine division had been impacted by weak demand.

The engineering company reported that it is making steady progress in the second half and that it continues to achieve its key targets.

Chief Executive Warren East said that the company's performance for revenue, profit and free cash remains on track. However, Mr. East cautioned that the marine business continues to be impacted weak demand for products and services for the offshore oil and gas market. There had also been changes to timings for new export orders for the defense aerospace division, he added.

Rolls-Royce said that its transformation program is proceeding well and providing cost savings.

 

Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com

 

(END) Dow Jones Newswires

November 09, 2017 02:57 ET (07:57 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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