Rolls-Royce has announced an underlying pre-tax profit of £637 million ($987 million) for the half-year ended June 30, up 7% compared to the same period in 2011. Revenue for the period was up 5% year-on-year at £5.8 billion, with the engine manufacturer’s order book 4% ahead at £60.1 billion. The company’s balance sheet showed a pre-tax profit for the period of slightly more than £1.30 billion. This included £700 million received for the sale ...

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