Rolls-Royce Power Systems business remained stable Q1+2
Published by Elizabeth Corner,
Senior Editor
World Pipelines,
Revenues generated by Rolls-Royce Power Systems AG have remained stable in the first half of 2014.
The 2014 half-year report published today by the Rolls-Royce Group shows revenues for the “Power Systems” segment of £1.214 billion (€1.473 billion).
This represents 17% of the total revenues generated by Rolls-Royce.
The business activities of today’s Rolls-Royce Power Systems AG are now included in the “Power Systems” segment, which is made up of the former Tognum Group, including the Norwegian subsidiary, Bergen Engines AS.
The order book in the first half-year was at £2.042 (€2.682 billion), the return on sales was at 5.1%. For the full year, at constant foreign exchange, Rolls-Royce expects underlying revenue to be in a range of plus or minus 2%.
Edited from source by Elizabeth Corner
Read the article online at: https://www.worldpipelines.com/business-news/31072014/rolls-royce-power-systems-business-remained-stable-q1-2-694/
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