Rolls-Royce confident after healthy profit rise

Posted on 24 Jul 2008 by The Manufacturer

Rolls-Royce appears to be weathering the economic storm after achieving a three per cent rise in pre-tax profits and a 17 per cent increase in new orders for the first half of 2008.

Figures released by the company show that pre-tax profits rose to £389 million during the six months to the end of June, compared to the £377 million achieved during the same period in 2007.

Orders have also jumped to £53.5 billion for the first half of this year from the £45.9 billion that was recorded on 31 December last year.

This success, coupled with a profitable focus on engine servicing and maintenance, has placed Rolls-Royce in a position of stability amid the current economic climate.