Rolls-Royce on track, COO to retire

Engine and power systems giant Rolls-Royce said that trading in the third quarter has been in line with earlier guidance as the group continues to expect 'good growth' in underlying revenue and underlying profit this year.

Engine and power systems giant Rolls-Royce said that trading in the third quarter has been in line with earlier guidance as the group continues to expect 'good growth' in underlying revenue and underlying profit this year.

The comments came as the firm revealed, in a separate statement, that Chief Operating Officer Mike Terrett would be retiring at the end of the year.

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