Rolls-Royce Aims to Sustain Profit Gain on Airliner Demand
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Rolls-Royce Holdings Plc, the world’s second-largest maker of commercial aircraft engines, predicted rising profit for this year, extending its streak of annual gains into a second decade as airliner demand booms.
The company projects “modest growth in underlying revenue and good growth in underlying profit with cash flow around break even” for this year, Rolls-Royce said today as it reported earnings. Commercial aircraft engine profit should grow strongly, with defense profit falling on “modest” revenue growth, it said.