Rolls-Royce returns to profit
Derby manufacturing giant Rolls-Royce is back in the black after reporting results that its chief executive said are "ahead of expectations".
Revenue was up by 9% last year to £16.3bn, while profits grew to £4.8bn before tax, from deficit of £4.6bn in 2016.
Warren East, chief executive, said: “Rolls-Royce made good progress in 2017. Financial results were ahead of our expectations and we achieved a number of important operational and technological milestones, but were impacted by the increasing cost and challenge of managin... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
