Shareworld's Guide to Investing - The Official Blog

Friday, 10 August 2012

Rolls-Royce (RR.) a Buy at 852p

Rolls-Royce Holdings is one of the UK's biggest manufacturers and is performing well despite the wider economy. It operates under four main divisions: civil aerospace; defence aerospace; energy; and marine. On 26th July 2012 it released its first-half figures which showed increased pre-tax profit and good prospects overall. The firm said it expects to see good growth in underlying revenue and underlying profit for 2012. Turnover was up seven per cent to £5.72bn, pre-tax profit was up 15 per cent to £1.31bn.

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Share Spotlight Issue 529

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