Rolls-Royce expects 'good' growth this year

Power systems group Rolls-Royce saw moderate growth in both underlying revenues and profits in the first half and said that it expects 'good' growth across 2012 as a whole, though it did experience weakness in the Marine and Energy markets.

Power systems group Rolls-Royce saw moderate growth in both underlying revenues and profits in the first half and said that it expects 'good' growth across 2012 as a whole, though it did experience weakness in the Marine and Energy markets.

Underlying revenue increased by 5% from £5.46bn to £5.76bn, helped by 5% growth in underlying OE revenue (£2.72bn) and 6% growth in underlying services revenue (£3.04bn).

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