By Sarah Young LONDON (Reuters) - Aero-engine maker Rolls-Royce said it was on track to return to growth next year, after profits fell as expected in the first half due to shrinking defense spending, a strong pound and a struggling marine business. The company kept its guidance for profit excluding foreign exchange movements to be flat this year, reassuring investors who were fearing an unpleasant surprise. Rolls-Royce alarmed markets in February by announcing there would be a pause in profit growth in 2014, ending a decade of continuous rises as the company absorbed the impact of declining U.S. and European military budgets. Rolls-Royce, which has said that this year's profits would be two-thirds weighted to the second half, is scheduled to provide its next update to the market in October.
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