Rolls-Royce 2016 profits down 45%

Rolls-Royce Holdings reported £915 million ($1.1 billion) in underlying profit before finance charges and tax for the full-year 2016, down 45% year-over-year, on underlying revenues of £13.8 billion, down 2%. The UK-based group’s total order book for the year was £79.8 billion, up £3.3 billion on...

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