Rolls Royce Full Year - Willu Invest


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    Rolls Royce Full Year

    Full Year results stated:

    The company stated today that it swung to pretax profit in 2017 and that it expects mid-single-digit revenue growth in 2018
    Profit for the year ended Dec. 31 was £4.9bln, compared with a loss of £4.64bln a year earlier
    Underlying pretax profit, (a figure that strips out one-time items and currency fluctuations), rose 31% to £1.07bln
    Revenue rose 9% to £16.31bln
    Rolls Royce said it expects the restructuring to deliver a significant reduction in costs and to improve performance across the group

    As of 8.17am the stock was trading up c.10.9% at c.916p

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