Current trading consistent with guidance
Trading across the Group's businesses has progressed in line with the full year
guidance provided in July 2011. For the full year, the Board continues to
expect good growth in underlying profit and a modest cash inflow, excluding the
impact of acquisitions. Rolls-Royce has continued to make progress since the
half year, with encouraging order flow from a broad range of global customers.
The Group's balance sheet remains robust following payments of more than
£1.4 billion for its share of the joint acquisition of Tognum and the completion
of the R Brookes Associates acquisition in the nuclear sector, and will be
strengthened on completion of the restructuring of the Group's involvement in
IAE International Aero Engines (IAE).
