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Rolls-Royce says 2017 started well, all units performing in line
June 16, 2017 / 6:18 AM / 3 months ago

Rolls-Royce says 2017 started well, all units performing in line

Warren East, CEO of Rolls-Royce, poses for a portrait at the company aerospace engineering and development site in Bristol, Britain December 17, 2015. REUTERS/Toby Melville/File Photo

LONDON (Reuters) - British aero-engineer Rolls-Royce said on Friday that 2017 had started well, with all businesses performing in line and expectations for the first half of the year unchanged.

Chief Executive Warren East said he was pleased with the start of the year, although there was still a great deal more to do to deliver the full year.

“As expected, near term cash flow performance remains challenging as we continue to invest in transforming and growing the business to benefit future years,” he said in an update ahead of the Paris Air Show.

Reporting by Paul Sandle; editing by Kate Holton

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