8th Nov 2013 07:28
LONDON (Alliance News) - British engine maker Rolls-Royce Holdings PLC Friday said that current trading is in line with its expectations.
For the full year, the Group continues to expect modest growth in underlying revenue and good growth in underlying profit, with cash flow around breakeven.
The company noted that guidance for the business segments remains unchanged, except in Defence Aerospace, where it has changed its guidance for underlying profit from broadly flat to modest growth, and in Marine, where it has changed its guidance for underlying profit from modest growth to broadly flat.
Tognum, which it is providing guidance for separately this year, continues to trade in line with expectations, the company noted.
The company said it will report its preliminary results for the financial year ending 31 December 2013 on 13 February 2014.
Copyright RTT News/dpa-AFX
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