Rolls-Royce “must rebuild trust and confidence,” says chief exec
The chief executive of Rolls-Royce has admitted that the company must "rebuild trust and confidence" in its ability to grow in the future.
Warren East told the Derby manufacturing giant's AGM last week that 2016 will see reported revenues improve by around £450m, whilst reported profit before tax will rise by around £50m.
The news comes on the back of the firm's annnouncement in February that it was cutting its dividend payment to shareholders in half after posting a fall in profits.
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