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6 months ago
BRIEF-Rolls-Royce says needs to retain a degree of flexibility regarding dividend
February 14, 2017 / 8:01 AM / 6 months ago

BRIEF-Rolls-Royce says needs to retain a degree of flexibility regarding dividend

Feb 14 (Reuters) - Rolls-royce

* Ceo says needs to retain a degree of flexibility, hence dividend unchanged

* Cfo says board carefully reviewed dividend, wasn't appropriate to raise dividend given cash demands at this time

* Cfo says hedge fund impact is purely accounting adjustment, will unwind over time

* Ceo says continuing to co-operate with sfo, but settlement draws line in sand, company now looking forward

* Ceo says will position business for long-term, not looking at anything revolutionary

* Ceo says portfolio is "broadly correct", could restructure or dispose of some underperforming units

* Ceo says wants to continue to operate under european air safety rules Further company coverage: (Reporting By London Bureau)

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