LONDON, UK - The UK’s two leading aerospace and defence groups both reported their 2015 first-half results on July 30. Rolls-Royce Holdings plc regained some confidence among the London Stock Market, where its stock value has fallen by 14 per cent this year, by maintaining the guidance issued on July 6. However, underlying profit, used by analysts as they strip out certain foreign exchange ..
LONDON - Defence group BAE Systems plc described its announcement of the 2014 preliminary full-year results as “a solid overall performance, in line with guidance” after reporting a £1.5 billion fall in sales to £16.6 billion, largely due to £0.6bn of adverse exchange rate. Chief Executive Ian King said: “We continue to win significant new business with over £10 billion of n..
Rolls-Royce Holdings plc, the second largest aero engine company in the world, today reported its first fall in a decade in underlying revenue. Revenue in 2014 fell 6 per cent to £14.58 billion, while underlying profit before tax also fell - by 8 per cent to £1.62 billion. The Group also warned that revenue and profit would be down again in 2015. The main factors in the fall in underlying rev..
Martin Brodie had a career of nearly 30 years in aerospace with Rolls-Royce plc, where he held senior positions in the Corporate Communications team, covering military and civil aerospace, and in the
