Further to our announcement of December 6th 2012 relating to concerns about bribery and corruption in overseas markets, we have been informed by the Serious Fraud Office that it has now commenced a formal investigation into these matters.
Trading is consistent with the guidance for the Group provided at our half year results in July. For the full year, the Group continues to expect modest growth in underlying revenue and good growth in underlying profit, with cash flow around breakeven.
Rolls-Royce, the global power systems company, announces that Lee Hsien Yang will join the Board as a Non-Executive Director in January, 2014. Mr Lee serves as a Special Advisor of General Atlantic, LLC. and has been a member of the Rolls-Royce International Advisory Board since 2006.
Rolls-Royce, the global power systems company, announces that Warren East will join the Board as a Non-Executive Director on 1 January 2014. Warren East, previously Chief Executive of ARM Holdings, is a Non-Executive Director and Chairman of the Audit committee of De La Rue plc. and a Non-Executive Director of Dyson and Micron Technology Inc. BT Group has also announced his appointment as a Non-Executive Director with effect from 1 February 2014.
Rolls-Royce supports the conclusions of the Australian Transport Safety Bureau (ATSB) report into the failure of a Trent 900 engine on board a Qantas Airways Airbus A380 on 4 November, 2010.
Rolls-Royce increased its order book and confirmed plans for its most advanced Trent 1000 civil engine at this week's Paris Air Show. The Group announced significant new orders and agreements worth almost $5 billion for engines and services with a number of customers including Philippine Airlines, Air France-KLM, and United Airlines.
Rolls-Royce PLC today announced support for The BLOODHOUND Project, an international education initiative focused on a 1,000 mph World Land Speed Record attempt.
Current trading in line with expectations, guidance for the full year confirmed
Rolls-Royce, the global power systems company, has today welcomed HRH Duke of Kent K.G. to Derby to perform the official opening of Atlantic House, a new state-of-the-art office facility located on the Raynesway Site.
Rolls-Royce, the global power systems company, announced today that Ian Davis will succeed Sir Simon Robertson as Chairman.
Rolls-Royce performed well in 2012, and at the year-end had a record order book, record underlying revenue and record underlying profit.
Rolls-Royce, the global power systems company, has been recognised as one of the best in Europe for 'Technology Management' by the world-renowned Fraunhofer Institute for Production Technology.
Rolls-Royce, the global power systems company, today announced the appointment of Lord Gold to lead a review of its compliance procedures, reporting to the Ethics Committee of the Board. This follows the previous announcement by Rolls-Royce that it has provided information to the Serious Fraud Office (SFO) relating to concerns about bribery and corruption involving intermediaries in overseas markets.