Power systems giant Rolls-Royce has assured that trading since the end of the first half has been in line with the guidance given in July - double digit growth in engine deliveries in all sectors and 20-25% growth in group profit.
The firm said it has seen "encouraging" order flow from a broad range of global customers, and continues to expect good growth in underlying profit and a modest cash inflow (excluding the impact of acquisitions).
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Thousands of estates are sitting unclaimed in the UK – is your family name on the list?More than 5,700 unclaimed estates are on a government list waiting to be found by living relatives. We take a look at the list, and explain how to make a claim
-
420,000 more pensioners to be dragged into paying income tax – how does tax on the state pension work?Hundreds of thousands more pensioners will need to pay tax on their pension income at the end of this tax year, new HMRC data shows. We look at how taxation on the state pension works.
