Rolls-Royce posts full year 2016 net loss of £4.03bn
Rolls-Royce reported a net loss of £4.03bn (US$5.02bn) for the full year 2016. The pre-tax loss was £4.6bn, with underlying profit of £813m, down from 2015’s £1.43bn. The company reported revenue for 2016 of £14.96bn, up 9% from £13.72bn the previous year. In January 2017 Rolls-Royce had entered into Deferred Prosecution Agreements (DPAs) with the […]
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