The Rolls Royce Civil Aerospace segment increased revenue by 17% in the first half of 2012. There was a 26% growth in OE revenue, primarily reflecting higher deliveries of Trent and corporate engines. Services revenue grew by 10% consistent with growth in the installed base of thrust. Profit increased by 24% due to increased OE volume, better OE mix, services growth and unit cost improvements. This growth was tempered by a higher R&D charge to higher spend and lower capitalisation related to major new programme activity, and lower entry fees related to the Trent XWB. Rolls Royce Civil Aerospace reported new orders of £6.0bn (£6.5bn in H1 2011), resulting in a 4% increase in the order book.
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Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada