Rolls-Royce Cuts FY Underlying Rev. Forecast
2014-10-17 06:08:49.436 GMT
By Brian Lysaght
Oct. 17 (Bloomberg) -- Rolls-Royce says economic conditions
have deteriorated, customers delayed, canceled orders.
* FY underlying revenue in ’14 to fall 3.5%-4%
* Had seen fy underlying revenue flat
* Sticks to underlying profit guidance
* Is studying restructuring, rationalisation
Link to Statement:{NSN NDKREY3HHEDD <GO>}
Link to Company News:{RR/ LN <Equity> CN <GO>}
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To contact the editor responsible for this story:
Brian Lysaght at +44-20-7330-7908 or
blysaght@bloomberg.net
2014-10-17 06:08:49.436 GMT
By Brian Lysaght
Oct. 17 (Bloomberg) -- Rolls-Royce says economic conditions
have deteriorated, customers delayed, canceled orders.
* FY underlying revenue in ’14 to fall 3.5%-4%
* Had seen fy underlying revenue flat
* Sticks to underlying profit guidance
* Is studying restructuring, rationalisation
Link to Statement:{NSN NDKREY3HHEDD <GO>}
Link to Company News:{RR/ LN <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the editor responsible for this story:
Brian Lysaght at +44-20-7330-7908 or
blysaght@bloomberg.net