Now I can keep an eye on one of my monitored stocks which I'm currently in.

Engine group Rolls-Royce PLC said it expects the civil engine
fleet to rise by 40 pct over the next five years, with half the fleet coming
under long-term service agreements, representing an 80 pct increase since 2004.
---------------------

Really nice to see RR. on the up again.

I've been in these since Oct'04 and bought more on the May 'golden cross' so I'm well pleased.
I will stick with them now 'til the price dips conclusively below the 50 dma.

I could well become a 'golden cross' addict. Are there any other RR. holders been in since the 'cross' in May?

Talking to myself, but enjoying it with this stock :o)

Superb results..

I've watched it climb but never got in. Well done to you.

The company news from Money AM on 27/07/06 said that RR dividend was increasing by 10%.
The fundamentals and the Quote screens of Money AM both say that,there is NO DIVIDEND.
To say that I am mystified is very understated.
I did send a query to the news desk, but there has been no reply.

Confusion is no basis to buy into this stock.

Hello Johnboy77,
I actually work for Royces in Derby and I can confirm that there is a dividend and it has been increased by 10%. Hope this helps clear the confusion.

Thanks to pma68 for the information, I figured this would be the correct situation.
I am still mystified as to why the disinformation is on Money AM.
Please can someone explain briefly what is ment by the " golden cross " I expect it is a chart reading.

Sorry for belated answer john'..

A 'golden cross'.

This is where the 20-day ma goes through the 50-day and then they both go through the 200-day moving averages on an uptrend, giving a longer term buy signal. Short term just use price, the 20 and 50.

A 'dead cross' is the opposite.

For example there was a short term 'dead cross' a sell signal, in the 2nd week of May. Like any signals they shouldn't be used on their own though.

Dividend -

There is a dividend but it's paid in B shares. (reasons to do with tax law)

BUT....

You tell the registrar which of these three options you want. Your choice applies for all future dividends:

1) Convert B shares to cash immediately they are received;
2) Convert B shares to more RR shares immediately they are received;
3) Keep the B shares.

The dividend is what you would get if you chose option 1. Formally speaking, there's no cash dividend so some sites may report this as ZERO DIVIDEND. However, the practical effect of option 1 is that you get cash.

R-R in their comapny results may say "interim dividend of 3.8p" or something similar. This mean you'll get 38 B shares which can be converted to cash at a rate of 0.1p per share.

Navajo,
i'm short rr since monday with a stop above 500. often i'm completely wrong, often i'm right but too early,that makes me wrong also which is why i use a protective stop (equates to small loss) sometimes i get it right.( equates to big gain, hopefully)
a " dead cross" versus support from the 200 dma? good move up today, might take my stop loss out tomorrow,but thats what its there for , so i shan't complain if it does.
lots of stocks making top "noises", but not yet fulfilled. failure to do so can also be success... for the bulls. interesting times.
best regards

this stock is doing my head in.
good news today. why won't it go up and hit my stoploss and put me out of my misery?
maybe its gonna gap up overnite and im gonna be well in the proverbial. oh woe is me.
what to do?
best regards
jkd

i've been stopped out this morning. what a relief. i was wrong on this one. no excuses.
happy easter to all
best regards
jkd

m
its taken me years to adjust to these binoculars of mine, thats what i call em, ive been right so many times and still lost money over the years you wouldnt believe.
have now at long last found a formula that takes it into consideration, it seems to be working for me. took a long time though.( should that be it has taken a long time though?) to be more grammaticaly correct?
good luck to you
regards
jkd

cheers and gl.

Finally moving off the recent lows.

Moving back to 350p imo.

A review of the UK defence sector by Goldman Sachs gave a boost to Rolls-Royce, its favoured stock, which gained 6.25p at 335.5p in response. Sector peer Cobham dropped 5.8p at 174.3p after being cut to sell, while BAE Systems, fell 5.25p at 334.25p on being marked sell with its price target trimmed to 330p from 400p.

Reults going down well.

Air crashes affected by Roll Royce engines


The company's shares dropped another 30 to 591p on Friday, following a 33p fall on Thursday, after Alan Joyce, chief executive of Qantas, said the airline believed the engine failure was "probably most likely a material failure or some sort of design issue".

Rolls, seen as one of the most prestigious examples of British engineering, has seen its market value reduced from 12.24bn before Thursday's incident to 11.06bn when the FTSE 100 closed on Friday.

Rolls has asked all airlines using the Trent 900 on their A380s to perform a series of safety checks. The company declined to comment on Mr Joyce's remarks about a possible design fault, and reiterated its statement from Thursday that it would "continue to work closely with our customers as the investigation moves forward".

There are 20 A380s with Rolls-Royce engines in service, operated by Qantas, Singapore Airlines and Lufthansa. Singapore began flying its fleet again on Friday, having suspending services on Thursday to carry out checks. Lufthansa was checking the A380s between flights, and Qantas could start flying the aircraft again as soon as Saturday, after saying it would ground the fleet for up to 48 hours.

Emirates and Air France, the two other airlines flying the A380, use engines built by GE and Pratt & Whitney of the US.

Of the 234 A380s which have been ordered by 17 airline customers, some 90 will have Rolls-Royce engines, 122 have chosen the GE-Pratt/Whitney option, and 22 are undecided. British Airways and Virgin Atlantic, due to start taking delivery of A380s in 2013 and 2015 respectively, said they had no plans to change their engine orders from the Rolls' powerplants they have specified.

A380s have four engines, and EADS, the owner of Airbus, said the aircraft is "certified to be able to accomplish its mission with only three engines". EADS shares rose slightly on Friday in Paris, after falling 77 cents on Thursday.

Investigators from France and Australia are looking into the engine failure, which occurred shortly into a flight from Singapore to Sydney, forcing the A380 to return and make an unscheduled landing in Singapore.

It has emerged that the European Aviation Safety Agency warned in August that airlines should make checks and carry out repairs on their Trent 900 engines after finding "wear beyond engine manual limits".

In a further blow to Rolls, a Qantas Boeing 747 powered by the company's RB211 powerplants was also forced to return to Singapore due to engine trouble on Friday.

FSA to investigate online forums accused of talking down shares.

Just for info and for those who it may concern.

Stan - So What? As a result of this current mayhem will RR. go bust? doubt it. Traders will trade it, chartists will short it below 50DMA and go long above it. Investors will either grin and bear it and hold or keep topping up or sell out. As usual brokers will continue to make money. FSA joke! Not much room for sentiment in this game, pays your money takes your chance. Cynical? afraid so!

Moving down to 350p in my opinion.

Rolls-Royce: Incident Is Specific To The Trent 900 Engine

Today : Monday 8 November 2010
Rolls-Royce PLC (RR.LN), an integrated power systems company announced Monday it has made progress in understanding the cause of the engine failure on the Trent 900 powered A380 Qantas flight QF32 on November 4, 2010 and has found that this incident is specific to the Trent 900 engine.

MAIN FACTS:

-As a result, a series of checks and inspections has been agreed with Airbus, with operators of the Trent 900 powered A380 and with the airworthiness authorities.

-These are being progressively completed which is allowing a resumption of operation of aircraft in full compliance with all safety standards.

-The company is working in close cooperation with Airbus, its customers and the authorities, and as always safety remains its highest priority.

-The company can be certain that the separate Trent 1000 event which occurred in August 2010 on a test bed in Derby is unconnected.

-This incident happened during a development program with an engine operating outside normal parameters.

-The company understands the cause and a solution has been implemented.

-The Trent 900 incident is the first of its kind to occur on a large civil Rolls-Royce engine since 1994.

-Since then Rolls-Royce has accumulated 142 million hours of flight on Trent and RB211 engines.

Re Contract


TIDMRR.

November 9 2010

ROLLS-ROYCE WINS $1.2 BILLION ORDER FROM
CHINA EASTERN AIRLINES AND AGREES ENVIRONMENTAL PARTNERSHIP

Rolls-Royce, the global power systems company, has won an order worth $1.2bn,
at list prices, from China Eastern Airlines for Trent 700 engines to power
16 Airbus A330 aircraft. The order includes a TotalCare� long-term service
agreement.

Rolls-Royce and China Eastern Airlines have also formed a Carbon Partnership,
which aims to reduce CO2 emissions by 190,000 tonnes in its first year. The
partnership will see Rolls-Royce provide a fuel management service for the
airline's fleet of more than 300 aircraft. It will also supply enhanced
performance kits to upgrade the Trent 700 engines on China Eastern Airlines'
20 existing A330s.

China Eastern, which will bring its new A330s into service from 2011, was the
first airline in mainland China to use Trent technology when it received
Trent 500 engines for its Airbus A340 aircraft in 2003.

Steve Miller, Rolls-Royce, Civil Aerospace Vice President - China, said: "We
are delighted that China Eastern continues to put its trust in our leading-edge
Trent technology underpinned by a TotalCare� support package that offers
operational and performance benefits. We also look forward to assisting
China Eastern in its efforts to reduce its environmental impact."

Liu Shaoyong, Chairman, China Eastern, said: "We have found the Trent 700 to be
extremely effective in service and are pleased to select it for our latest
aircraft. We also look forward to working with Rolls-Royce through our
Carbon Partnership which we anticipate will reduce fuel consumption by at least
two per cent in its first year alone, the equivalent of a 190,000-tonne reduction
in CO2, which equates to the amount of CO2 produced by 80,000 cars over the
same period."

The Trent 700 is the only engine specifically designed for the Airbus A330 and
over 1,000 are now in service or on firm order. The engine remains the market
leader for the aircraft, capturing 75 per cent of orders over the last three
years. The engine offers outstanding levels of performance and delivers the
best payload capacity.

Malaysian Airline CEO: No Plans To Defer A380 Order

Today : Wednesday 10 November 2010
Malaysian Airline System Bhd. (3786.KU) said Wednesday that it will keep its order for Airbus A380 superjumbo jets for now, despite recent problems relating to an engine blowout on a Qantas Airways Ltd. (QAN.AU) A380 last week.

"At this point, it is premature to speculate on the actual cause of the engine failure. As such, we have no plans to either defer the A380, or re-evaluate our choice of engine," Chief Executive Azmil Zahruddin told Dow Jones Newswires.

The national carrier has six A380 planes on order with the first to be delivered in the first half of 2012. The planes are to be powered by Rolls Royce (RR.LN) Trent 900 engines, the same type of engine on the troubled Qantas jet last week.

Azmil said the airline will monitor the situation "very closely" and is "in touch with the manufacturers." He declined to provide more details.

Another A380-operator, Singapore Airlines (C6L.SG), said Wednesday that it has grounded three of its 11 superjumbo jets to carry out precautionary engine changes. Qantas last week grounded all six of its A380s following the engine blowout on one of its planes.

Rolls-Royce A380 engine had 'manufacturing fault'

Air safety investigators in Australia say they have identified a serious manufacturing fault with some engines fitted to Airbus A380 passenger jets.

6 June 2011

PUBLIC TAKEOVER OFFER BY DAIMLER AND ROLLS-ROYCE FOR TOGNUM SUCCESSFUL -
COMPANIES NOW JOINTLY HOLD 60 PER CENT

* 58.35 per cent of shareholders accept the offer

* Important milestone in the takeover process of Tognum AG

* Additional acceptance period for the offer expires on June 20, 24.00 hrs
(CET)

* Daimler and Rolls-Royce expect further shares to be tendered during
additional acceptance period

* Tognum Management and Supervisory Board have tendered their shares

* Combination creates strong foundation for future growth

Stuttgart/London - Following the expiry of the acceptance period for its public
takeover offer for Tognum AG, Daimler AG and Rolls-Royce Holdings plc now hold
a total of 59.87 per cent of Tognum shares through their Joint Venture Engine
Holding GmbH. The bidders received acceptance declarations for an expected
equivalent of 58.35 per cent of the share capital of Tognum AG (about
76,657,611 million shares). The current total of 59.87 also includes around 1.5
per cent of the share capital (about 2 million shares) that was acquired by the
Joint Venture on the stock market during the acceptance period.

Daimler and Rolls-Royce are very pleased with this convincing result. It
represents a milestone in the takeover process of Tognum AG and lays a strong
foundation for the future co-operation of the three companies.

Since the 30 per cent threshold required for the takeover offer has been
exceeded, an additional acceptance period of two weeks is granted in accordance
with German law. Therefore, remaining shareholders can tender their shares into
the offer from June 7 to June 20, 24:00 hrs (CET). Daimler and Rolls-Royce
expect further shares to be tendered during the additional acceptance period.

By combining the strengths, technology and market access of Daimler,
Rolls-Royce and Tognum, the joint venture will establish a leading industrial
engine systems and solutions company, offering a broad portfolio of products,
services and integrated solutions on a worldwide basis.

On April 6, 2011, Daimler and Rolls-Royce made a public takeover offer to
purchase all outstanding shares of Tognum AG through their joint venture. The
offer was increased by two Euros to 26 Euro per Tognum share on May 16. The
Supervisory and Management Boards of Tognum AG fully support the attractive
offer and already have tendered their shares. The Executive and the Supervisory
Board recommend the acceptance of the offer to all shareholders of Tognum AG.

Rolls-Royce Holdings PLC (RR.LN), a global power systems company, said Thursday it has been awarded a GBP50 million contract by Swire Pacific Offshore to supply advanced anchor handling systems for four offshore vessels, currently under construction in Singapore.

MAIN FACTS:

-Rolls-Royce will supply a complete deck machinery system to each of the four vessels, which are being built at the ST Marine Singapore shipyard.

And yesterday.

Rolls-Royce Holdings PLC (RR.LN), a global power systems company, said Wednesday it has won new orders totaling over GBP22 million for its technologically-advanced Bergen reciprocating engines.

MAIN FACTS:

-Orders will be used to provide electricity and heat for industrial uses in Russia, Spain and Holland.

-Shares at 0915 GMT up 3 pence, or 0.5%, at 639 pence valuing the company at GBP11.978 billion.

Tuesday

Rolls-Royce Holdings PLC, a global power systems company, announced Tuesday an GBP11 million order to design and equip two offshore service vessels for Italian ship owner Fratelli D'Amato.

MAIN FACTS:

-These UT 755 XL vessels will carry out operations in the offshore oil and gas sector and will be built at the Rosetti Marino S.p.A (YRM.MI) shipyard in Italy.

-The order includes an integrated system of Rolls-Royce equipment including thrusters for maneuvering, rudders, propellers, deck machinery and a bulk handling system for the safe loading of fluids and solid cargo.

-The vessels are due to be delivered by the end of 2013.

-This order will bring Fratelli D'Amato's fleet of Rolls-Royce UT vessels to eight.

Half Yearly Report.

Group Highlights

- 8.7bn of new orders: record order book of 61.4bn.

- Underlying revenues up four per cent to 5.46bn.

- Underlying profit before tax, up 28 per cent to 595m, benefiting from one-off
trading items.

- First half payment to shareholders up eight per cent to 6.9 pence per share.

- Exclusive agreement to power the Airbus A350-1000.

- Over 94 per cent of shares secured in the joint Public Tender Offer for
Tognum AG.

- Full year Group profit guidance for 2011 confirmed.

skinny - Looking cheap now, have you dipped a toe?

Chris - yes I bought today @599 !

May join you tomorrow, just looked up Interim Ex-Divi date 26/10, followed by Trading statement 11/11 worth a punt.

Long (Dec Contract) spread bet @ 586.1

Stop to entry for risk free trade.

Chris - it looks like your entry was somewhat better than mine!

skinny - Still looks a wee bit dodgy mate, we'll see :O)

Stop to 596.1 to lock in + 10

All yours Chris - I'm out +21.

Stop to 611.1 to lock in + 25. Can't be much upside left but you never know.

Contract Win.


Rolls-Royce, the global power systems company, has been awarded a $99.9 million
MissionCare contract by the US Department of Defense Naval Air Systems Command
at Patuxent River to provide support for the F405 (Adour) engines that power
the US Navy's T-45 training aircraft.

Hope you are still long Chris!.





Rolls-Royce Holdings
Re Joint Venture

12 OCTOBER 2011

ROLLS-ROYCE AND PRATT & WHITNEY ANNOUNCE NEW PARTNERSHIP TO DEVELOP NEXT
GENERATION ENGINES FOR MID-SIZE AIRCRAFT AND RESTRUCTURING OF IAE COLLABORATION

* New joint venture with Rolls-Royce and Pratt & Whitney to develop new engines
for future generation mid-size aircraft

* Pratt & Whitney to purchase Rolls-Royce share of International Aero Engines
(IAE)

1. New Joint Venture

Rolls-Royce, the global power systems company, and Pratt & Whitney, a United
Technologies Corp. (NYSE:UTX) company, are pleased to announce an agreement to
form a new partnership to power future mid-size aircraft (120 - 230 passenger
aircraft). The two companies will establish a joint venture company, in which
each will hold an equal share, to develop new engines for the next generation
of aircraft that will replace the existing mid-size fleet. The new venture will
draw on the most advanced technology from two world-class companies to drive
enhanced performance for this fast growing segment in which worldwide demand
for around 20,000 new aircraft (or nearly 45,000 engines) is predicted over the
next 20 years.

This new joint venture will focus on high bypass ratio geared turbofan
technology. In addition, the venture will collaborate on future studies for
next generation propulsion systems, including advanced geared engines, open
rotor technology and other advanced configurations.

The new collaboration brings together complementary technological resources and
is designed to offer the best, most competitive response to customer demand for
the next generation powerplant in the mid-size segment. The collaboration could
bring about significant value for customers as both parties are able to benefit
from each other's strengths.

The new joint venture between Pratt & Whitney and Rolls-Royce also benefits
from the success of the V2500 and the PurePower engine in establishing a broad
customer base. It builds on the long-standing and successful partnership
between Pratt & Whitney and Rolls-Royce in the mid-size segment. Japanese Aero
Engine Corporation (JAEC) and MTU Aero Engines (MTU), partners of IAE and the
PurePower PW1100G-JM (Geared Turbofan) programme for the Airbus A320 New
Engine Option (neo), also intend to join the new collaboration.

2. Rolls-Royceand Pratt & Whitney restructure IAE participation

As well as establishing the new partnership, Rolls-Royce and Pratt & Whitney
will restructure their participation in IAE, which produces the V2500 engine
for the A320 family of aircraft. Under the terms of the agreement Rolls-Royce
will sell its equity and programme shares in IAE to Pratt & Whitney for $1.5
billion and in addition receive an agreed payment for each hour flown by the
current installed fleet of V2500-powered aircraft for fifteen years from
completion of the transaction.

Under the continuing leadership of Pratt & Whitney, JAEC, and MTU, IAE will
continue to deliver the same high-quality product and customer support without
interruption. Rolls-Royce remains committed to IAE and its customers and will
continue to be responsible for the manufacture of high-pressure
compressors, fan blades and discs as well as the provision of engineering
support and final assembly of 50 per cent of V2500 engines.

Since its creation almost thirty years ago IAE has become a major force in
international aviation with approximately 4,500 V2500 engines in service and
approximately 2,000 on order.

"Today's announcement charts a clear course for the future of Rolls-Royce in
the important mid-size aircraft segment," said Mark King, President - Civil
Aerospace, Rolls-Royce. "We are building on many years of successful
collaboration with Pratt & Whitney in this segment to develop advanced aero
engines, which we are confident will set new standards in aviation technology,
performance and fuel efficiency."

"These agreements position Pratt & Whitney, JAEC, MTU and IAE to best serve the
needs of their customers for all of the A320 aircraft family," said Todd
Kallman, President, Commercial Engines and Global Services, Pratt and Whitney.
"We are delighted to collaborate with Rolls-Royce, with its complementary
capabilities, as we look forward to the next generation of aircraft engines
that will offer even greater operational and environmental benefits."

In addition, Rolls-Royce will make a modest financial investment in the
PurePower PW1100G-JM (Geared Turbofan) engine for the Airbus A320 New Engine
Option (neo) programme.

These transactions are subject to various closing conditions including
regulatory approvals.

3. Financial implications for Rolls-Royce

These transactions are not expected to have a significant impact on the 2011
trading performance nor the financial guidance provided for 2011, as last
updated with the Group's half yearly results on 29 July 2011.

Looking forward, the restructuring of our involvement in IAE will produce a
number of important effects on trading performance. These include net cash
proceeds of circa $1.5bn subject to some working capital adjustments when the
transactions complete, and improvements in the trading performance over coming
years. The cash proceeds will be retained for general corporate purposes. The
effect of these transactions on Civil Aerospace will be to improve trading
profitability over the next few years, with the full year improvement in
operating profits expected to be more than 140m in the first year, with a
slowly diminishing contribution in successive years depending on the
utilisation of the current V2500 fleet. Overall the majority of value to
Rolls-Royce will be derived from flight hour payments due over the next fifteen
years.

Just got out of my pit skinny nice surprise :O)

Chris - are you still long?

No took the money and ran skinny :O)

Interim management Statement.

INTERIM MANAGEMENT STATEMENT

Rolls-Royce Holdings plc, the global power systems company, today issues its
Interim Management Statement for the period 1 July to 10 November 2011 in
accordance with the requirements of the UK Listing Authority's Disclosure and
Transparency Rules.

Current trading consistent with guidance

Trading across the Group's businesses has progressed in line with the full year
guidance provided in July 2011. For the full year, the Board continues to
expect good growth in underlying profit and a modest cash inflow, excluding the
impact of acquisitions. Rolls-Royce has continued to make progress since the
half year, with encouraging order flow from a broad range of global customers.

The Group's balance sheet remains robust following payments of more than
GBP1.4 billion for its share of the joint acquisition of Tognum and the completion
of the R Brookes Associates acquisition in the nuclear sector, and will be
strengthened on completion of the restructuring of the Group's involvement in
IAE International Aero Engines (IAE).

A consistent strategy delivering shareholder value

John Rishton, Chief Executive, said: "Since the half year we have achieved some
important milestones and continued to lay firm foundations for future growth.
We closed our joint acquisition of Tognum, adding significantly to the scale of
our Energy and Marine opportunities. In Civil Aerospace we announced our
intention to form an important new joint venture with Pratt and Whitney which
will develop engines to power the next generation of mid-size jets, and
announced a restructuring of our existing involvement in IAE. We were also
delighted to celebrate the entry into service of the first Boeing 787 Dreamliner,
operated by ANA and powered by Rolls-Royce.

"The breadth and balance of our portfolio and the strong access we have to
parts of the world where demand remains robust has made Rolls-Royce
increasingly resilient. We continue to focus on fulfilling our record order
book and delivering on the promises we have made to our customers".

The Group will report its financial results for the year ending 31 December 2011
on 9 February 2012.

Rolls-Royce agrees pension fund longevity swap

28 November 2011

Rolls-Royce agrees pension fund longevity swap

Rolls-Royce and the Trustees of the Rolls-Royce Pension Fund have agreed a
longevity swap that will give additional security to all members of the
company's final salary pension scheme. The contract with Deutsche Bank reduces
the risk on approximately 3bn of the fund's liabilities. The cost of this
transaction will be borne by the pension fund and will have no material effect
on the funding arrangements. Around 37,000 pensioners are covered by this
agreement.

Andrew Shilston, Rolls-Royce Finance Director, said: "We have made sure that as
our pensioners live longer in retirement we have made proper provision for
them. This is the latest in a series of measures we have taken to achieve
greater certainty for our future funding requirements".

Paul Spencer CBE, Chairman of the Rolls-Royce pension fund trustees said: "We
have been working closely with Rolls-Royce for some years to enhance the
security of all our members' benefits. This is another important step forward."

Notes to Editors:

1. Under the longevity swap the Trustees and the Bank have agreed an average
life expectancy. If pensioners live longer than expected the Bank will make
payments to the Fund to offset the additional cost of paying pensions. If the
reverse applies the cost of paying pensions will be reduced but the Fund will
be required to make payments to the Bank. This arrangement enables future
liabilities to be predicted with more certainty.

2. The Trustees were advised by Aon Hewitt (as lead adviser), Linklaters (as
legal adviser) and Mercer (as investment adviser). State Street will act as
credit support services manager and custodian.

Rolls-Royce 2011 Investor Briefing

Rolls-Royce Holdings plc will be holding its 2011 Investor Briefing today
at 14:00 in London.

Re Contract.

ROLLS-ROYCE ENHANCES ROLE IN BRAZIL OIL AND GAS INDUSTRY WITH NEW PETROBRAS
CONTRACTS VALUED AT UP TO $650 MILLION


New Marine Service Centre

Rolls-Royce, the global power systems company, today announced the expansion of
its presence in Greater China with the development of a new Marine Service Centre
on Hong Kong's Tsing Yi Island, which is scheduled to open in 2012.

Re Contract.

ROLLS-ROYCE WINS $350M CONTRACT FROM HAWAIIAN AIRLINES

Rolls-Royce, the global power systems company, has won a $350 million contract
from Hawaiian Airlines to deliver Trent 700 engines to power five Airbus A330
aircraft. The order includes TotalCare long-term services support.

The aircraft, to be delivered from 2013 to 2015, will add to the airline's
current fleet of five Trent 700-powered A330s and another 12 to be delivered.

ROLLS-ROYCE WINS CONTRACT TO SUPPORT FRENCH CIVIL NUCLEAR REACTOR
MODERNISATION PROGRAMME

Rolls-Royce, the global power systems company, has won a EUR250 million contract
with AREVA to supply safety instrumentation and control (I&C) technologies and
systems for the French nuclear reactor modernisation programme. The systems
will be installed in the twenty-strong French fleet of 1300 MW nuclear reactors
operated by Electricitde France (EDF).

The project will ensure that the reactor fleet continues to meet safety and
licensing requirements through the deployment of the latest I&C technologies,
systems and components provided by Rolls-Royce. This I&C project is being
carried out by AREVA as part of the third round of ten-yearly planned reactor
outages managed by EDF.

Benoit Chabre, President, Instrumentation and Control, Rolls-Royce said: "We
are proud of our relationship with Areva and our long partnership with EDF
which spans over forty years. We are pleased that they have once again put
their trust in our world-class I&C technologies which help to ensure the safety
and performance of their reactors."

Rolls-Royce will provide the I&C technology for systems such as the Reactor
Protection System and the Nuclear Instrumentation System, each underpinned by
Rolls-Royce patented Spinlinetm technology. Additionally, the company's Rodline
technology will be deployed in the Rod Control System.

Compliant with the highest class 1E international nuclear safety requirements,
market-leading Rolls-Royce Spinlinetm technology solution provides utility
companies safety and performance through technology and long term support. The
Rolls-Royce range of digital nuclear safety, control and monitoring systems are
designed to simplify all operational, diagnostic and maintenance elements of
nuclear plant while improving safety.

Notes to Editors:

1. Rolls-Royce is a world-leading provider of power systems and services for
use on land, at sea and in the air, and has established a strong position in
global markets - civil aerospace, defence aerospace, marine and energy.

2. As a result of this strategy, Rolls-Royce has a broad customer base
comprising more than 500 airlines, 4,000 corporate and utility aircraft and
helicopter operators, 160 armed forces, more than 4,000 marine customers,
including 70 navies, and energy customers in nearly 120 countries, with an
installed base of 54,000 gas turbines.

3. Annual underlying revenues were GBP10.8 billion in 2010, of which more than
half came from the provision of services. The firm and announced order book
stood at GBP61.4 billion at 30 June 2011, providing visibility of future levels
of activity.

4. Rolls-Royce employs over 39,000 skilled people in offices, manufacturing and
service facilities in over 50 countries. Over 11,000 of these employees are
engineers.

5. In 2010, Rolls-Royce invested GBP923 million on research and development,
two thirds of which had the objective of further improving the environmental
performance of its products, in particular reducing emissions.

6. The Group has a strong commitment to apprentice and graduate recruitment and
to further developing employee skills.

7. Rolls-Royce is a technology-neutral supplier to the nuclear market and has a
number of agreements in place with leading companies including AREVA, EdF,
Nuclear Power Delivery UK Ltd, Larsen & Toubro and Rosatom.

8. Rolls-Royce instrumentation and control business has been established and
operating for more than 40 years and has 450 employees based in Grenoble. It is
the original equipment manufacturer of safety critical nuclear instrumentation
and core control I&C systems in all 58 reactors in France.

9. Rolls-Royce is a world leader in the delivery of digital safety I&C systems,
with more than 40 years of successful operation in 200 nuclear reactors
worldwide. Rolls-Royce digital I&C solutions are designed to provide safety and
performance through technology and long term support.

10. Rolls-Royce integrated I&C solutions are based on world-class engineering
and state-of-the-art technology that combines hardware, electronic and software
components to produce a unique digital I&C platform for both new nuclear power
plants and the refurbishment of existing plants.

11. Rolls-Royce developed the first digital integrated protection system (Spinlinetm).
From initial concept, it was designed specifically as a safety technology and
to meet stringent nuclear safety requirements.

12. Underpinned by market-leading Spinlinetm technology, the Rolls-Royce
Spinlinetm Reactor Protection System monitors vital reactor operation
parameters and in case of emergency will automatically shutdown the reactor
and determine the corrective actions to be taken.

13. The Rolls-Royce Rodline Rod Control System is designed to safely and
reliably manage the Control Rod Drive Mechanism (CRDM) within the nuclear
reactor.

StockMarketWire.com

Rolls-Royce, the global power systems company, is to power 20 new aircraft for THAI Airways International.

Its Rolls-Royce Trent XWB and Trent 1000 engines will power 12 Airbus A350 XWB and eight Boeing 787 Dreamliner aircraft which are part of THAI's fleet modernisation programme and will further improve the airline's operational and environmental performance.

THAI President Piyasvasti Amranand said: "Our decision to add these extremely efficient Trent engines into our fleet demonstrates our continued commitment to achieve the highest standards of environmental performance across all our operations. This commitment was recently demonstrated with our first biofuel-powered passenger flight, using Rolls-Royce Trent 800 engines."

Nick Devall, Rolls-Royce, Chief Commercial Officer - Civil Aerospace, said: "THAI is an important customer for Rolls-Royce. We are pleased to supply THAI with highly efficient engines which will help the airline achieve its environmental and operational objectives."

When these engines are delivered, THAI will be an operator of every member of the Rolls-Royce Trent engine family: the Trent 500, Trent 700, Trent 800, Trent 900 - as well as the Trent 1000 and Trent XWB.

The Rolls-Royce Trent 1000 powered the 787 Dreamliner aircraft into passenger service for the first time in October and has accumulated more than 75% of the aircraft's flight test hours.

The Trent XWB, the only engine available for the A350 XWB, is the fastest selling Trent ever with more than 1,100 sold. Test results have shown the engine to be the most efficient large civil aerospace engine ever produced.

The Trent family of engines has won about 50% of the widebody aircraft market with a firm order book of more than 2,400 engines, and has accumulated more than 50m hours of service.

Followed GF back in here on the spreads @ 766.9. Results 09/02.

ROLLS-ROYCE TO DESIGN AND EQUIP SEVEN VESSELS FOR
BRAZIL'S NAVEGA�!ÒO SÒO MIGUEL

Rolls-Royce, the global power systems company, has been awarded two contracts to
design and equip seven vessels for Brazilian ship owner Navegação São Miguel Ltd.
The contracts, for four oil spill recovery vessels and three bunker tankers,
are worth £23 million to Rolls-Royce.

Anders Almestad, Rolls-Royce, President Offshore, said: "Rolls-Royce continues
to win contracts in the competitive Brazilian market. These vessels combine a
proven Rolls-Royce design with a range of mission critical onboard technology,
which has been specifically designed for the demanding deepwater oil and gas
market. Our innovative technology will help to ensure that offshore companies
can deliver their challenging operations safely."

The Rolls-Royce designed UT 535 E Oil Spill Response Vessels (OSRV) will be
equipped to prevent environmental damage from oil spills and have the capacity
to transfer recovered oil for proper onshore disposal.

Rolls-Royce will also design and equip three bunker tankers, which will be a
new NVC 604 BT design and will supply fuel to ships offshore.

All seven vessels will be equipped with advanced Rolls-Royce technology to
support effective maneuvering, cargo handling and safe operation. All vessels
will be delivered before the end of 2014.

Notes to Editors:

1. Rolls-Royce is a world-leading provider of power systems and services for
use on land, at sea and in the air, and has established a strong position
in global markets - civil aerospace, defence aerospace, marine and energy.

2. As a result of this strategy, Rolls-Royce has a broad customer base
comprising more than 500 airlines, 4,000 corporate and utility aircraft and
helicopter operators, 160 armed forces, more than 4,000 marine customers,
including 70 navies, and energy customers in nearly 120 countries, with an
installed base of 54,000 gas turbines.

3. Annual underlying revenues were over £10.8 billion in 2010, of which more
than half came from the provision of services. The firm and announced
order book stood at £61.4 billion at 30 June 2011, providing visibility of
future levels of activity.

4. Rolls-Royce employs over 39,000 skilled people in offices, manufacturing
and service facilities in over 50 countries. Over 11,000 of these employees
are engineers.

5. In 2010, Rolls-Royce invested £923 million on research and development,
two thirds of which had the objective of further improving the environmental
performance of its products, in particular reducing emissions.

6. Rolls-Royce supports a global network of 28 University Technology Centres,
which connect the company's engineers with the forefront of scientific
research.

7. The Group has a strong commitment to apprentice and graduate recruitment
and to further developing employee skills.

8. The Marine business of Rolls-Royce employs 9,000 people in 35 countries
with the main manufacturing centres being in the UK, the Nordic countries,
the United States and increasingly Asia.

9. Rolls-Royce is a world leader in marine solutions, providing products,
service and expertise to more than 30,000 vessels in the offshore,
merchant, naval surface and submarine markets. It designs ships and its
product range includes propulsion systems featuring diesel engines and gas
turbines, propellers, thrusters and water jets. Rolls-Royce also provides
manoeuvring and stabilising systems and deck machinery.

Fantastic new contract win...........

BRIEF-Rolls Royce wins 23 mln stg Brazil deal
19 Jan 2012 - 07:06

LONDON, Jan 19 (Reuters) - Rolls-Royce Holding PLC :

* To design and equip seven vessels for Brazil's navegação são miguel

* Contracts, for four oil spill recovery vessels and three bunker tankers, are

worth £23 million

((London Equities Newsroom; +44 20 7542 7717))

Broker Buys....

Rolls-Royce Holdings PLC

FORECASTS 2011 2012
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Arden Partners
31-01-12 ADD 1,115.00 44.31 17.30 1,250.00 48.94 18.70

Exane BNP Paribas
27-01-12 BUY 1,116.00 40.38 17.50 1,445.00 53.03 21.47

Charles Stanley
20-01-12 ACCU

Investec Securities
07-12-11 BUY 1,121.81 44.30 17.28 1,466.01 57.45 19.35

Broker target.


Date Broker name New Price Old price target New price target Broker change

18-Jan-12 JP Morgan Cazenove Neutral 749.50p 771.00p 832.00p


832p SP target. Not bad ehh.

RR. Rolls Royce.

Hopefully we get a good day tomorrow
and the breakout is confirmed as per the
technicals on the chart below.

Piece on todays rise.......

http://www.advfn.com/cmn/fbb/thread.php3?id=9940697&from=878#firstpost

A positive recommendation from Bank of America/Merrill Lynch lifted both Rolls-Royce, up 35p to 770.5p,

http://bit.ly/A3xSBx

A bullish note from Bank of America Merrill Lynch was the catalyst for Rolls-Royce to set a new all-time high. The engineering giant flew up 35p to 770.75p after the heavyweight broker's analysts said they believed the group could reach 855p, praising its "structural long-term advantages over its peers".

http://www.independent.co.uk/news/business/sharewatch/the-market-report-bloody-nose-for-shortsellers-as-ocado-rockets-6298068.html

4 Jan'12 - 07:40 - 864 of 881


0731 GMT [Dow Jones] Goldman Sachs raises Rolls-Royce (RR.LN) price target to 975p from 925p. Says Rolls-Royce is well placed versus peers, with an above-average sector cash return on capital invested and very strong positioning/long-term growth prospects. Also notes the very strong balance sheet, healthy dividend cover and more defensive characteristics than many cyclicals. Reiterates conviction list buy on the stock, which is its top pick in European civil aerospace for 2012.

GF - "Also notes the very strong balance sheet, healthy dividend cover "

I wasn't aware they were paying a dividend atm?

Havent a clue mate. Just in this business for capital gain. A divi is an unexpected bonus to me.

Yeah - but every little helps! :-)

Is that the Halifax advert thingy?.

Dont mention that robbing bunch of gits to me.

50% increase in my insurance premium and I havent claimed for 12 years!!!!.

Told them to ---- ---.

Direct Line now. Lot cheaper.

Thought it was tesco or asda?

Renewed mine this week with Admiral - been driving 35 years this month and haven't claimed since 1979!

On edit - direct line wouldn't touch my car!

Tried the Coop? been with them (on and off) for years, good price I find and hardly likely to be taken over with the resulting drop in service like some outfits.

Yep heard they were good Stan. Too late mind now.

Results next thursday. Should see a bullish run up to them.

Monday 16 January, 2012Rolls-Royce Holdings
Notice of Results

16 January 2012

ROLLS-ROYCE HOLDINGS PLC 2011 PRELIMINARY RESULTS

Rolls-Royce Holdings plc will announce its preliminary results for 2011
on 9 February 2012.

For further information, please contact:

Simon Goodson
Director - Investor Relations
Rolls-Royce Holdings plc
Tel: +44 (0)20 7227 9237

Stop to entry for risk free trade.

From TA Specialist and pro TAer Zak Mir

Zak Mir



Reged: 28/06/07
Posts: 2101
Re: Rolls-Royce(RR.)
#487437 - 02/02/12 08:52 PM Edit Reply Quote



Chart wise on the daily time frame it would appear that while above its 10 day moving average at 747p there is little to prevent the shares hitting the top of a rising August price channel as high as 820p plus over the next 4-6 weeks.

GALVAN
Andrew Gibson, Head of Researc
BUY – Rolls Royce
PRICE TARGET 780p
STOP LOSS 710p
TICKER CCL
CURRENT 735

http://bit.ly/wFqPbO

BUY – Rolls Royce
PRICE TARGET
780p
STOP LOSS
710p
TICKER
CCL
CURRENT
735p
Latest Fundamentals
On December 19th, engine maker Rolls Royce said it had won a €250m contract to supply safety instrumentation and control systems for the French nuclear reactor modernisation programme. The systems will be installed in the twenty-strong French fleet of 1300 mega watt nuclear reactors operated by Electricité de France (EDF). Rolls-Royce will provide the reactor protection system and the nuclear instrumentation system for the power plants to ensure they comply with safety and licensing requirements.
The steady stream of contract wins underpins solid fundamentals at Rolls Royce, and marks the engineering giant out as something a rare industrial and manufacturing winner in a flatlining UK economy. This view is supported technically by a sharp October gap higher for the shares, which currently remains unfilled, and combines with the fundamentals to highlights the shares as a solid buy for the Galvan Research team.
Key Technicals
Shares in Rolls Royce have kept their momentum within a rising August price channel since an October gap to the upside. While the floor of the August price channel and 50-day moving average at 720p remain as support, the upside here is likely to be towards the top of last year's price channel at 780p plus.

Stop to 776.9 to lock in + 10.0

Final Results.

Group Highlights

- Record order book of £62.2bn, up five per cent.

- Record underlying revenue of £11.3bn, up four per cent.

- Record underlying profit before tax of £1.16bn, up 21 per cent.

- Full year payment to shareholders of 17.5 pence per share, up nine per cent.

- Joint acquisition of Tognum, Rolls-Royce investment £1.5bn.

- Proposed restructuring of International Aero Engines (IAE) and sale of share
holding.

..Rolls-Royce profit up 21 percent, positive on 2012

Reuters – 2 hours 18 minutes ago
...
...A Rolls-Royce aircraft engine of a British Airways (BA) Boeing 747 passenger aircraft is seen at Heathrow Airport in west London April 7, 2011. REUTERS/Stefan Wermuth
....
LONDON (Reuters) - Aero enginemaker Rolls-Royce (RR.L) posted a 21 percent rise in full-year profit, and said it expects to deliver further growth in 2012, helped by its record order book.

Rolls, the world's second-largest maker of aircraft engines behind U.S. group General Electric Co (GE.N), on Thursday reported an underlying pretax profit of 1.16 billion pounds on revenue up 4 percent at 11.3 billion pounds for the year to the end of December 2011.

It is the first time Rolls-Royce has reported an annual profit in excess of 1 billion pounds. The result was helped by the positive impact of its acquisition of German engine maker Tognum and the 950 million pound sale of its stake in International Aero Engines.

The company, which also builds and tests nuclear devices for the UK navy, increased the full-year dividend by 9 percent to 17.5 pence per share.

Rolls said its order book grew 5 percent to a record 62.2 billion pounds, helped by significant orders from Singapore Airlines, Norwegian Airlines and Emirates Airlines, and said it was confident on its prospects for the year ahead.

"For 2012 we expect good growth in both underlying revenue and underlying profit with cash flow around breakeven as we continue to invest in future growth," Rolls-Royce Chief Executive John Rishton said.

"Our order book gives us good visibility of future revenues and demonstrates the confidence our customers have in us."

Shares in the company, which have risen a quarter in the last year, closed at 785 pence on Wednesday, valuing the group at around 14.7 billion pounds

Just gone long @757.50.

Blimey - talk about lucky!

Out +12.

ROLLS-ROYCE WINS $210M ORDER FROM AIR PACIFIC

Rolls-Royce, the global power systems company, has won an order worth $210m, at
list prices, from Fiji's national carrier Air Pacific for Trent 700 engines to
power three Airbus A330 aircraft. This is the first time Air Pacific has
selected Rolls-Royce engines and the contract includes long-term TotalCare®
service support.

Announcing the order today at the Singapore Airshow, Dave Pflieger,
Managing Director & CEO, Air Pacific, said: "The A330s will be our first new
widebody aircraft, so the Trent 700 engines represent an exciting and significant
investment in leading-edge operational technology and support service for the
future of our business. Theseengineswill provide high-quality environmental
performance, with low emissions, noise and fuel burn- something our company and
customers value.We look forward to a great partnership with a company known for
its commitment to excellence."

Bruce Blythe, Rolls-Royce, Senior Vice President - Civil Aerospace, said: "We
are delighted Air Pacific is putting trust in our world leading technology and
support services for such an important fleet replacement. We look forward to a
long and mutually rewarding relationship with the airline."

The Trent 700, the only engine specifically designed for the A330, is the
market leader for the aircraft, with more than 1,400 either in service or on
order. It has won more than 75 per cent of new orders over the last three
years.

12 month high today (828.50)

15 March 2012

ROLLS-ROYCE WINS GBP45M CONTRACT FROM HYUNDAI TO DESIGN AND EQUIP
FOUR OFFSHORE VESSELS

Rolls-Royce, the global power systems company, has today received an order from
Korean shipbuilder Hyundai Mipo Dockyard Co, Ltd. to design and equip four
deepwater platform supply vessels.

The contract is worth more than GBP45 million to Rolls-Royce and includes options
for a further two vessels of the same type.

The vessel designs are UT 776 CD - a development of the popular Rolls-Royce
UT 700 series, designed specifically for supplying equipment and services to
deepwater oil and gas platforms.

Jørn Heltne, Rolls-Royce, Senior Vice President Ship Technology Offshore, said:

"Rolls-Royce UT design vessels are the benchmark in the deep water offshore
oil and gas sector, combining proven ship design with leading edge marine
technology. This latest order develops our long term relationship with Hyundai
as a builder of these advanced vessels, designed to operate safely in the most
challenging conditions."

Hyundai's President and CEO Mr. W.G. Choe said: "We are extremely pleased to
enter into this deepwater market segment by building offshore vessels of a
world leading design from Rolls-Royce."

The 4,400 tonne, 97 metre long vessels will feature a range of Rolls-Royce
equipment including a diesel-electric propulsion system which improves fuel
efficiency and lowers emissions when operating at reduced power levels. The
propulsion system meets current Clean Design standards - an industry-specific
range of stringent environmental and safety requirements that, through the
design of the vessel, reduce emissions to sea and air.

The vessels will be built at the Hyundai's shipyard in Ulsan, Korea, and are
due to be delivered in 2013 and 2014.

ROLLS-ROYCE AWARDED $275 MILLION SERVICE CONTRACTS
FROM US MILITARY

Rolls-Royce, the global power systems company, has received recent contracts
exceeding $275 million to provide support services for the US Armed Services.

Rolls-Royce will provide Mission Care service support for AE 1007C, AE 2100
and T56 engines which power a variety of US aircraft, including the V-22,
C-130, P-3 and C-2 in operation with the US Air Force, Navy and Marines.

Patricia O'Connell, Rolls-Royce, President Customer Business - North America
said: "Rolls-Royce is focused on meeting all of our military customers' needs
and we deliver services and support packages tailored to meet their specific
requirements. These contracts reflect the confidence our US military customers
have in our expertise. Rolls-Royce continues to win new contracts by
demonstrating the value we can add, and by working hard to ensure our customers
can deliver their missions and work within their budget."

Recent contracts announced by the US Department of Defense include:

* US Air Force - $112.2 Million services contract for AE 2100 engines and
propeller systems for C-130J aircraft.

* US Marine Corps - three contracts, totalling $84.7 Million, for maintenance
services on AE 1107C engines for V-22 aircraft; $45.2 Million contract for
logistics and technical engineering services for AE 2100 engines for
KC-130J aircraft.

* US Navy - $33.8 Million contract for repair of T56 engines in P-3, C-130
and C-2 aircraft.

The contracts cover work to be delivered in 2012 and 2013.

ROLLS-ROYCE TO POWER TWO FURTHER LITTORAL COMBAT SHIPS FOR THE U.S. NAVY

Rolls-Royce Awarded $598m V-22 Engine Contract



Indianapolis, US - Rolls-Royce, the global power systems company, has signed a
$598 Million contract with the US Department of Defense for 268 AE 1107C
engines for US Marine Corps and Air Force V-22 aircraft.

In the first year, Rolls-Royce will deliver 70 engines valued at $151 Million.
The contract includes four additional option years, with deliveries expected to
total 268, including spare engines. Rolls-Royce is the sole manufacturer of the
engines for the V-22 and has delivered 550 AE 1107C engines to the US
Department of Defense.

ROLLS-ROYCE RECEIVES $315 MILLION CONTRACT TO SUPPLY LIFTSYSTEM TECHNOLOGY

Rolls-Royce, the global power systems company, has received a contract for $315
Million from Pratt & Whitney to supply the Rolls-Royce LiftSystem® for 17 F-35B
Lightning II aircraft.

INTERIM MANAGEMENT STATEMENT

Today, Rolls-Royce Holdings plc publishes an Interim Management Statement.

Current trading consistent with guidance

Trading since the start of the year is consistent with the guidance provided in
our Full Year Report in February. For the full year, the Group continues to
expect good growth in underlying revenue and underlying profit with cash flow
around breakeven as we continue to invest in future growth. Guidance excludes
the impact of the Tognum acquisition and the proposed sale of the Group's 32.5%
shareholding in International Aero Engines (IAE).

The Group's balance sheet remains strong. Recognising this, Standard & Poor's
Ratings Services has raised its long and short term corporate credit ratings to
`A/A-1' from `A-/A-2', with a stable outlook.

A consistent strategy delivering shareholder value

Since announcing preliminary results in February, Rolls-Royce has achieved some
important milestones. The Trent XWB engine took to the skies for the first
time, on board an Airbus A380 flying test bed. In Singapore, we opened our new
manufacturing and training facilities that will produce wide chord fan blades
and assemble and test large commercial jet engines.

Rolls-Royce continues to invest across the Group in technology, capability and
facilities to deliver on our current commitments, to improve productivity and
to create opportunities for future growth.

The Group will report its interim results for the six month period ending 30
June 2012 on 26 July 2012.

ROLLS-ROYCE WINS $136 MILLION CONTRACT TO SUPPLY
INDUSTRIAL TRENTS TO DOLPHIN ENERGY LTD

Rolls-Royce, the global power systems company, has been awarded contracts worth
$136 million to supply technology and long-term services support to Dolphin
Energy Limited which transports natural gas from Qatar to the United Arab
Emirates and Oman via a 364 km subsea pipeline.

Andrew Heath, Rolls-Royce, President - Energy said: "I am delighted that
Rolls-Royce technology has again been selected to support the Dolphin Gas
Project, one of the largest cross border energy infrastructure projects ever
undertaken in the Middle East. The supply of three new Rolls-Royce Trent gas
turbines to Dolphin Energy is testimony to the six units already installed on
the project. To date, these have recorded over 150,000 operating hours,
transporting billions of standard cubic feet of gas to meet the energy needs of
the UAE and Oman."

Rolls-Royce will supply Dolphin Energy Limited with three industrial Trent gas
turbine compression packages. The three new Trent units, each rated at 52
megawatts, will join six similar Rolls-Royce packages that went into service at
Dolphin Energy's Gas Processing Plant in Ras Laffan, Qatar in 2006.

In addition to selecting Rolls-Royce energy technology, Dolphin Energy Limited
has signed a TotalCare® long-term equipment service agreement designed to
increase equipment availability and reliability.

The equipment will be manufactured and packaged at the Rolls-Royce facilities
in Montreal, Quebec, Canada and Mount Vernon, Ohio, U.S.A.

Delivery of the packaged units to Ras Laffan will be in the second and third
quarters of 2013.

ROLLS-ROYCE AWARDED £100 MILLION SUPPORT CONTRACTS FOR UK TRANSPORT AND TANKER FLEETS

Rolls-Royce, the global power systems company, has secured contract extensions,
which will see the company provide ongoing support for engines on the UK's
C-130 Hercules transport and VC10 tanker fleets. The contracts are worth almost
£100 million to Rolls-Royce.

Following this amendment, the Hercules Integrated Operational Support (HIOS)
contract, which is delivered jointly by Rolls-Royce, Marshall Aerospace and
Lockheed Martin, will provide support for the C-130 fleet until 2015.

Rolls-Royce teams in the UK and Indianapolis in the US provide comprehensive
servicing for the AE 2100D3 engine, which powers the C-130J aircraft and the
T56 engine on the C-130K.

Paul Craig, Rolls-Royce, Executive Vice President Services - Defence,
commented: "This contract amendment is testimony to the standard of service
delivered to-date and reflects the value we offer to our customer. We take
pride in supporting the Royal Air Force's fleet of C-130s and in our successful
partnership with Lockheed Martin, Marshall Aerospace and the Ministry of
Defence."

"It is particularly pleasing that we have continued to deliver high levels of
aircraft availability at a time when both the C-130 and VC10 have recently been
involved in high tempo operations. Our innovative approach, which continues to
ensure availability for critical operations, has been greatly appreciated by
the RAF."

Rolls-Royce has also secured an extension to the contract to provide technical
support for Conway engines, which will power the VC10 tanker until it finishes
service in 2013. The company provided around-the-clock support for Conway
engines that powered the VC10 tanker aircraft during the UK's Operation Ellamy
in Libya last year.

Rolls-Royce to acquire Aero Engine Controls

Rolls-Royce, the global power systems company, announces today that it will
acquire the 50 per cent of shares it does not already own in Aero Engine
Controls (AEC) a joint venture with Goodrich Corporation. AEC was established
in January 2009 to combine the engine controls businesses of the two companies.
The joint venture principally designs and manufactures engine control systems
including electronic engine controllers, fuel pumps and fuel metering units for
a wide range of Rolls-Royce engines and for a number of other programmes.

Engine control systems play an increasingly important part in enhancing the
fuel efficiency and overall performance of modern jet engines. This acquisition
will give Rolls-Royce full ownership of a critical capability that confers
competitive advantage.

AEC employs around 1,400 people and has sites in Birmingham, Derby, and Belfast
in the UK and in Indianapolis, USA.

The transaction has been agreed with United Technologies Corp (UTC), which is
in the process of acquiring Goodrich. The acquisition of the remainder of the
shares in AEC by Rolls-Royce will only proceed once the acquisition of Goodrich
by UTC is complete and once any necessary antitrust approvals are obtained.

The transaction will have no material impact for Rolls-Royce on the current
year's financial performance.

..Questor share tip: Rolls-Royce is a real growth engine

Rolls-Royce make turbines that are used in a number of growing global industries. Questor says buy.

Rolls-Royce 818.5p Questor says BUY

Rolls is structured into four divisions: Aerospace, Defence Aerospace, Marine and Energy (NYSEArca: JJE - news) . The company experienced some rare negative headlines after a fleet of new Qantas A380s was grounded after an explosion in a Rolls engine. These issues have now been rectified.

Earlier this year the latest Trent XWB engine took to the skies for the first time and Rolls opened a new manufacturing and training facility in Singapore, close to growth markets.

The secret to Rolls’ business model is in the aftercare market. As the company’s installed base of equipment grows, the market for parts and maintenance also grows.

The company makes precision equipment and appropriate care of turbines is essential. This means each new piece of equipment delivered should boost future profitability.

There are high barriers to entry in its business because of the breadth of Rolls’ intellectual property and its history of innovation. Because of this reputation, its order book stood at £62.2bn at the end of last year.

Growth in the installed base is important to keep profits growing.

Currently, this stands at more than 50,000 engines. However, Rolls is operating in a number of growth markets.

There is a global structural shortage of power which Rolls is ideally placed to service, and airline fleets in emerging economies are growing rapidly. It was strong demand for aircraft engines which propelled pre-tax profits above £1bn last year.

Its (Euronext: ALITS.NX - news) turbines are also used as compressors in the rapidly-expanding offshore oil industry.

The shares are not going cheap, trading on a December 2012 earnings multiple of 14.3 times, falling to 13. However, because of the aftermarket effect, profits are likely to continue to rise for many years.

Quality doesn’t come cheap. Rolls is seeking to double revenues over 10 years through organic growth. The yield, at 2.4pc, is not the reason to own the shares. Rolls-Royce is a buy for growth

UK to order reactor for nuclear-armed submarine

(Reuters) - Britain will order the first reactor for a new generation of nuclear-armed submarines next week as part of a 1 billion pound ($1.6 billion) contract with Rolls-Royce, a defence ministry source said on Sunday, in a move that could strain the coalition government.

The deal will include an 11-year refit of Britain's sole submarine propulsion reactor factory at Derby in central England, said Defence Secretary Philip Hammond, who will formally announce the plans to parliament on Monday.

ROLLS-ROYCE TO POWER THE WORLD'S LARGEST CONSTRUCTION VESSEL


Rolls-Royce, the global power systems company, has delivered 13 large azimuth
thrusters to the world's largest construction vessel, currently being built at
Daewoo Shipbuilding & Marine Engineering, South Korea for Swiss ship owner and
operator Allseas Group. The contract is worth around £18 million and is the
largest ever Rolls-Royce thruster order for a single vessel.

ROLLS-ROYCE AND LG ANNOUNCE INVESTMENT TO
ADVANCE SOLID OXIDE FUEL CELL TECHNOLOGY DEVELOPMENT

Rolls-Royce, the global power-systems company, and LG, the electronics,
chemicals and telecommunications conglomerate, are pleased to announce that LG
has invested US$45m to acquire a 51% shareholding in Rolls-Royce Fuel Cell
Systems (US) Inc.

Rolls-Royce Fuel Cell Systems (US) Inc., which is based in North Canton in the
State of Ohio, U.S.A., has changed its name to LG Fuel Cell Systems Inc.

LG Fuel Cell Systems Inc. will continue to further the research, development,
testing and commercialisation of solid oxide fuel cell technology aimed at
megawatt-scale distributed power generation for industrial, commercial, and
electric utility markets and applications.

LG Fuel Cell Systems Inc will have access to Rolls-Royce technical expertise
and continue to engage with the US Department of Energy's SECA (Solid State
Energy Conversion Alliance) Program.

Notes to Editors:

1. Rolls-Royce is a world-leading provider of power systems and services for
use on land, at sea and in the air, and has established a strong position
in global markets - civil aerospace, defence aerospace, marine and energy.

2. As a result of this strategy, Rolls-Royce has a broad customer base
comprising more than 500 airlines, 4,000 corporate and utility aircraft and
helicopter operators, 160 armed forces, more than 4,000 marine customers,
including 70 navies, and energy customers in more than 80 countries.

3. Annual underlying revenues were £11.3 billion in 2011, of which more than
half came from the provision of services. The firm and announced order book
stood at £62.2 billion at 31 December 2011, providing visibility of future
levels of activity.

4. Rolls-Royce employs over 40,000 people in offices, manufacturing and
service facilities in over 50 countries. Over 11,000 of these employees are
engineers.

5. In 2011, Rolls-Royce invested £908 million on research and development, two
thirds of which had the objective of further improving the environmental
performance of its products, in particular reducing emissions.

6. Rolls-Royce supports a global network of 28 University Technology Centres,
which connect the company's engineers with the forefront of scientific
research.

7. The Group has a strong commitment to apprentice and graduate recruitment
and to further developing employee skills.

Quietly making new highs today (880p).

And again today @885p

ROLLS-ROYCE WINS $280M TRENT ORDER FROM AVIANCA

Rolls-Royce, the global power systems company, has won an order worth $280m, at
list prices, from Avianca, part of the AviancaTaca group, for Trent 700 engines
to power four Airbus A330 freighter aircraft. The contract includes long-term
TotalCare® services support.

ROLLS-ROYCE WINS TRENT 700 ENGINE ORDER FROM GARUDA INDONESIA

Rolls-Royce, the global power systems company, has won an order from Garuda
Indonesia Airlines for Trent 700 engines to power 11 Airbus A330 aircraft. The
contract includes long-term TotalCare® service support.

ROLLS-ROYCE GAS ENGINES TO POWER NORWEGIAN CRUISE FERRIES

Rolls-Royce, the global power systems company, today announced that it has
signed a contract with shipowner Fjord Line A/S to install Liquefied Natural
Gas (LNG) based power and propulsion systems in two cruise ferries being built
at the Bergen Group Fosen AS yard in Norway. Each vessel will be equipped with
four gas engines, powering a highly efficient Promas integrated rudder and
propeller propulsion system.

ROLLS-ROYCE TO POWER HIGH TECH DRILLSHIPS

Rolls-Royce, the global power systems company, today announced orders worth
over £70 million to supply large thrusters for offshore drilling vessels.

Half-Yearly Report


Group Highlights

- Order book of £60.1bn, up four per cent.

- Underlying revenue of £5.8bn, up five per cent.

- Underlying profit before tax of £637m, up seven per cent.

- First half payment to shareholders of 7.6 pence per share, up ten per cent.

- Completion of sale of share holding in International Aero Engines AG (IAE).

- Full year Group guidance confirmed.

Rolls-Royce to Support Hitachi on UK New Build

30 October 2012

ROLLS-ROYCE TO SUPPORT HITACHI ON UK NEW BUILD PROGRAMME

Rolls-Royce, the global power systems company, today announced a collaboration
agreement with Hitachi, Ltd. to support its delivery of new nuclear reactors in
the UK. The agreement follows the announcement of Hitachi's acquisition of
Horizon Nuclear Power.

Lawrie Haynes, Rolls-Royce, President - Nuclear said: "Rolls-Royce is delighted
to have signed this important agreement to explore how it will support Hitachi
in delivering new nuclear build in the UK. Hitachi is a recognised leader in
the global nuclear industry and its acquisition of Horizon is a major step
forward for the UK in securing its long term, low carbon energy needs.

"Hitachi has an impressive and proven track record in global nuclear new build
which will complement the UK's extensive nuclear skills and expertise base and
provide a huge opportunity for Rolls-Royce and the UK supply chain to make a
significant contribution to the delivery of this major infrastructure
programme."

Under the terms of the agreement, the two companies will explore how
Rolls-Royce can support Hitachi in the deployment of Advanced Boiling Water
Reactor technology in the UK and internationally, through the provision of high
value added manufacturing, engineering and technical services. It will also
focus on the development of instrumentation and control opportunities both in
the UK and overseas.

Rolls-Royce supports a number of key phases of the global nuclear programme,
including providing advice to governments and operators, supply chain
management, and manufacturing and technical engineering support. The Group also
provides safety-critical instrumentation and control systems to reactors across
20 countries.

-ends-

Interim Management Statement

Current trading consistent with guidance

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 good growth
in underlying revenue and underlying profit, with cash flow around breakeven as
we continue to invest in future growth. Guidance for the business segments
remains unchanged except for Marine where, due to the phasing of deliveries,
underlying revenue is now expected to be broadly flat. Guidance excludes the
impact of the Tognum acquisition and the sale of the Group's shareholding in
International Aero Engines (IAE).

The Group's balance sheet remains strong with good liquidity through cash and
debt maturities that are well spread through 2019.

A consistent strategy delivering shareholder value

Since the half-year results in July, Rolls-Royce has achieved some important
milestones. We signed a US$2.6 billion dollar contract, at list prices, with
Singapore Airlines to power 20 Airbus A350s and 5 Airbus A380s. We agreed an
order for the US Navy to power its future fleet of Ship to Shore Connector
hovercraft in a programme of up to 73 craft. We opened our first US Defence
Operations Centre in Indianapolis, and in Singapore the first Trent engine to
be assembled and tested at our new Seletar facility was unveiled by the Duke
and Duchess of Cambridge.

Rolls-Royce continues to invest across the Group in technology, capability and
facilities to deliver on our current commitments, to improve productivity and
to create opportunities for future growth. The Group will report its
preliminary results for the financial year ending 31 December 2012 on 14
February 2013.

ROLLS-ROYCE ANNOUNCES RETIREMENT OF MIKE TERRETT
CHIEF OPERATING OFFICER

Rolls-Royce announced today that Mike Terrett, Chief Operating Officer, has
decided to retire at the end of the year. Mike has worked for Rolls-Royce for
34 years and has been instrumental in shaping the current success of the
business. Mike, an engineer, started as a graduate apprentice in Derby in 1978.
He has succeeded in many roles since then, including as the Chief Engineer on
the Trent 800 programme, President and CEO, International Aero Engines (IAE)
and President Civil Aerospace. He was appointed Chief Operating Officer and a
member of the Rolls-Royce Board in 2007.

John Rishton, CEO of Rolls-Royce said: "I would like to thank Mike for his
leadership, the enormous contribution he has made to Rolls-Royce over many
years and for the personal support he has given to me.

"Thank you Mike: enjoy a long, healthy and happy retirement".

You still in these skinny? Similiar to BA. another one that has rallied over the last five years in Dec. No guarantee of course of a 'santa rally' this year and admittedly they are at all time highs, certainly not oversold on RSI indicator so worth a punt for a possible further break out. Went long on the spreads 27th @ 880.7 no target, stop currently 870.7

Hi Chris - no I sold up earlier in the year and have just been watching since - good luck with them.

Ok, cheers.

Stop to entry for risk free trade.

Stop to 890.7 to lock in + 10

Nice move this morning Chris - new high 902 earlier.

Aye skinny, good start to the week, volume needs to kick in :O)

Stop to 895.7 to lock in + 15

Stop to 900.7 to lock in + 20 (incredible)

Have'nt got a clue what is driving these not that I'm complaining :O)

Stop to 905.7 to lock in + 25

Stop to 910.7 to lock in + 30

CC presumably stopped out with a decent profit.

Aye Hali. 910.7 late doors yesterday afternoon, a bit miffed at the time. Got away with the massive drop at the open so obviously a sense of relief as well today. :O)

Re Contract

Rolls-Royce, the global power systems company, today announced an order worth
more than £100 million to supply integrated power and propulsion systems for
seven offshore drilling vessels in Brazil.

The ships will be built at the Atlântico Sul shipyard for Brazilian oil company
Petrobras. Rolls-Royce will equip each of the seven vessels, which will satisfy
local content requirements, with six large thrusters and six Bergen diesel
generator sets. Together, the systems will be used to propel the vessels to and
from drill sites and to accurately maintain their positioning during drilling
operations.

Re Contract

ROLLS-ROYCE WINS CONTRACT TO SUPPLY WATERJETS FOR THE
FINNISH NAVY´S NEW HIGH SPEED LANDING CRAFT

Rolls-Royce, the global power systems company, has won a contract to supply
water jets to power Marine Alutech Oy Ab's new Watercat™ M18 AMC high speed
troop transport craft, that are currently under construction for the Finnish
Navy.

The boats, classified as U700, are designed and built by the Marine Alutech
shipyard in Teijo, Finland, which specialises in patrol and military vessels.

The contract, for 12 craft, will involve the supply of Rolls-Royce 40A3 water
jets (two per craft), and a state-of-art control system that will enhance the
manoeuvring capabilities of the vessels.

Re Contract

Rolls-Royce, the global power systems company, has signed a $1bn contract, at
list prices, from Japan's Skymark Airlines for Trent 900 engines to power six
Airbus A380 aircraft.

The Trent 900 order, which follows the announcement of a letter of intent for
these engines in September 2011, includes long-term TotalCare® service support.
The aircraft will enter into service in 2014.

Rolls-Royce is the world's leading supplier of jet engines. Just what Mr Claus needs to power his sleigh.

Rolls-Royce has been increasing its shareholder dividend every year since 2006. Better still, it has not been shy with those dividend increases: the average annual rise in that time has been 12.8% a year.

There are expectations that the payout will continue rising at a similar rate for the next two years. This puts the shares on an estimated yield for 2012 of 2.3%, rising to 2.5% in 2013.

That dividend is well covered by expected earnings. Analysts forecast that Rolls-Royce will deliver a 25.8% earnings per share (EPS) increase for the full year 2012, followed by a 12.3% increase on that figure in 2013.

Hi DC, it seems to be recovering well after being hit by bribery accusations. It was motoring well prior to those allegations. Now back above 50DMA on my watch list.

Agree Chris

Re Contract

Rolls-Royce, the global power systems company, has won a $52.2 million contract
to support AE 1107C engines for V-22 aircraft operated by the US Marine Corps
and Air Force.

Questor share tip: Rolls-Royce will power ahead
Rolls-Royce has won another US military contract. Questor says buy.
By Garry White
7:00AM GMT 06 Jan 2013

Dispelling some concerns about global defence spending, on Friday Rolls-Royce won a $52.2m (£32.6m) contract with the US marine Corp to repair and maintain engines.

Of course, military spending is currently going through a squeeze, but budgets are unlikely to wither away completely.

Rolls, which generated a fifth of its sales in 2011 from defence, should escape the worse of the cuts. The turbine maker provides critical equipment and benefits form long-term contracts to maintain the engines and replace their parts. Indeed, 53pc of group sales is generated by such recurring services.

Demand for military engines over the next 20 years could be around $155bn, Rolls estimates, and for services and support equipment $260bn.

However, civil aviation looks set to boom. According to data from the International Civil Aviation Organisation (ICAO), some 2.9bn people used air transport in 2012. The highest growth was seen in the Middle East and the ICAO expects the industry will see 6bn people flying each year by 2030.

There should also be good growth in Rolls’ marine business, where it makes systems for offshore oil and gas, merchant and naval vessels. Its power generation business, which designs and manufacturers turbines for nuclear, oil and gas power plants also has strong prospects.

Rolls is currently facing a probe by the Serious Fraud Office looking into allegations of bribery in Asia. It is impossible to predict the outcome of any such investigation. It is something of which investors should be aware but it should eventually be resolved and Rolls is co-operating.

The shares are trading on a December 2013 earning multiple of 14.2 falling to 13. The prospective yield is 2.4pc. The shares are a buy.

Re Contract

ROLLS-ROYCE SECURES DESIGN & SYSTEMS INTEGRATION
CONTRACT FROM COSCO

Rolls-Royce, the global power systems company, today announced that it has won
a £26 million order to provide an integrated design, power and propulsion and
equipment package for four Rolls-Royce UT 771 CDL offshore supply vessels to be
built at COSCO (Zhoushan) Shipyard Co. Ltd, in China for a Hong Kong owner. The
contract includes options for four additional vessels.

In addition to ship design, Rolls-Royce will deliver an extensive integrated
systems package including: a propulsion system, a power electrical system, a
bulk handling system, deck machinery, an automation and control system, as well
as a dynamic positioning system that uses satellite technology to automatically
maintain the vessels' position without anchoring.

This contract is the first time Rolls-Royce has incorporated high speed
MTU-engines as part of an integrated power and propulsion package within the
successful UT-vessel series.

Re Contract

Rolls-Royce, the global power systems company, today announced a $75million
contract to supply PetroChina with equipment and related services to power the
flow of natural gas through Line 3 of the West-East Pipeline Project (WEPP),
the world's longest pipeline and a crucial element of China's drive towards
cleaner energy consumption.

Rolls-Royce will supply PetroChina with an additional six RB211-driven pipeline
compressor units, bringing the total number of RB211 units sold for
installation on China and Central Asia's vast natural gas pipeline network to
56.

Re Contract

Following agreement between the Governments of the Kingdom of Saudi Arabia and
the United Kingdom, under the Saudi British Defence Co-operation Programme,
Rolls-Royce, the global power systems company, has signed a contract to provide
support for engines powering the Royal Saudi Air Force fleet of Tornado combat
aircraft.

The four-year agreement provides the repair of modules, accessories and
components and a package of new spares for the Tornado's RB199 engines.

The contract has been agreed with the Saudi Maintenance and Supply Chain
Management Company which acts as the logistics supplier to BAE Systems in Saudi
Arabia. It enables the Royal Saudi Air Force to benefit from a schedule of
fixed price maintenance which seeks to reduce the cost of engine operations.

Rolls-Royce Powers HMS Queen Elizabeth

ROLLS-ROYCE INSTALLS WORLD'S MOST POWERFUL MARINE GAS TURBINE INTO NEW AIRCRAFT CARRIER

Rolls-Royce, the global power systems company, has this week successfully completed the installation of the first MT30 gas turbine into the Royal Navy's new aircraft carrier HMS Queen Elizabeth, at Babcock's Rosyth shipyard in Scotland.

The MT30, at 36 megawatts (around 50,000 horsepower), is the world's most powerful marine gas turbine. Two MT30s will be installed in each ship and will provide two thirds of the 109 megawatts needed to power the 65,000 tonne ships - enough energy to power a town the size of Swindon.

The MT30s are installed as part of a Gas Turbine Alternator (GTA) which also includes an alternator and gas turbine enclosure, weighing a total of 120 tonnes.

ROLLS-ROYCE AWARDED $97.3 MILLION US AIR FORCE SERVICES CONTRACT

Rolls-Royce, the global power systems company, has been awarded a $97.3 million contract from the US Air Force to support its C-130J transport fleet in 2013.

The MissionCare™ contract covers sustainment services for the Rolls-Royce AE 2100 engines as well as the nacelles and propellers on the US Air Force C-130J fleet. The work includes logistics and program management support, engineering services, spares and technical data support.

Re Contract

Rolls-Royce, the global power systems company, has been awarded an $83.7 million contract for engines to power 19 V-22 aircraft operated by the US Marine Corps and Air Force.

The contract, a modification of a prior agreement, includes a total of 38 Rolls-Royce AE 1107C engines manufactured in Indianapolis, Indiana. The contract was awarded through the Naval Air Systems Command in Patuxent River, Maryland.

ROLLS-ROYCE APPOINTS IAN DAVIS AS CHAIRMAN

Rolls-Royce, the global power systems company, announced today that Ian Davis will succeed Sir Simon Robertson as Chairman. He will join the Board as a non-executive Director on 1 March 2013 and take over from Sir Simon at the conclusion of the Annual General Meeting on 2 May 2013.

Ian Davis spent more than thirty years with McKinsey & Company, including six as Chairman and Worldwide Managing Director. He serves, as a non-executive Director, on the Boards of BP and Johnson & Johnson and is a non-executive member of the Cabinet Office Board.

Rolls-Royce Holdings PLC Rolls-Royce 2012 Full Year Results

Group Highlights

· Order book of £60.1bn, up four per cent.

· Underlying revenue of £12.2bn, up eight per cent.

· Underlying profit before tax of £1.4bn, up 24 per cent.

· Payment to shareholders of 19.5 pence per share, up 11 per cent.

£10.28 just hit.

I believe RR are one of the engine suppliers for the A330.

China agrees $8bn Airbus plane deal

It includes an order for 42 Airbus A320 aircraft and 18 A330 planes.

Interim management Statement

Current trading in line with expectations, guidance for the full year confirmed
Trading in the first quarter has been consistent with our expectations and, for the full year, we continue to expect modest growth in underlying revenue and good growth in underlying profit, with cash flow around breakeven. Guidance for the business segments remains unchanged.

Since the preliminary 2012 results in February, we have won a US$1.6bn order from International Airlines Group (IAG) for Trent XWB engines, with long-term TotalCare® service support, to power 18 Airbus A350-1000 aircraft; we have signed multiple contracts to provide and service military transport engines for the US Air Force and US Marine Corps; and we have started construction of the state-of-the-art Core Manufacturing Facility in Derby that will produce reactor cores for the UK's current and future Submarines Programme.

Tognum update
Engine Holding, the Group's joint venture with Daimler, acquired the remaining minority shares in Tognum in March and Tognum has subsequently been de-listed. We will continue to guide Tognum separately for 2013. We expect underlying revenue and underlying profit to be broadly flat in the full year compared to 2012, unchanged from the guidance given by Tognum in March 2013.

Organisational change
Tony Wood has been appointed President - Aerospace and will take up his new role on May 13. He replaces Mark King who has decided to resign from the company at the end of June. Tony, presently President - Marine, has worked for Rolls-Royce for 12 years and has experience in both the Civil Aerospace and Defence Aerospace businesses.

Lawrie Haynes, currently President - Nuclear, is appointed to a new position, President - Marine & Nuclear.

Half year results
We will report the Group's results for the six month period ending 30 June 2013 on 25 July 2013.

Half Yearly report

Group Highlights
· Tognum consolidated for the first time in the Group's half year results.

· First flight of the Trent XWB-powered Airbus A350.

· Order book of £69.2 billion, up 15%; up 12% excluding Tognum.

· Underlying revenue of £7.3 billion, up 27%; up 9% excluding Tognum.

· Underlying profit before tax of £840 million, up 34%; up 32% excluding Tognum.

· Reported profit before financing of £884 million, down 30% due to IAE disposal profit in 2012.

· Payment to shareholders of 8.6 pence per share, up 13%.

SUNDAY NEWSPAPER SHARE TIPS: Rolls-Royce

By Compiled By Thisismoney

PUBLISHED: 13:22, 28 July 2013 | UPDATED: 13:28, 28 July 2013



Rolls-Royce has enjoyed a record decade of success.

SUNDAY TELEGRAPH

Budget airlines easyJet and Ryanair are ordering new aircraft as they try to grab more market share from full-service carriers and save money with more fuel-efficient engines.


Aircraft engine giant Rolls-Royce is poised to benefit, as jet fuel costs increase, regulations about noise at airports tighten and aircraft makers build ever-bigger models.


Rolls has four main business lines, with half its revenues coming from civil aerospace, 20 per cent from defence, 18 per cent from its marine division and 8 per cent from energy.


The defence business is the only real negative spot as military budgets are squeezed, although even in this business Rolls expects modest revenue growth this year.


On Thursday Rolls posted a better-than-expected set of interim results, sending its shares up 5 per cent to a record level. Underlying pre-tax profits leapt 34 per cent to £840million during the first six months of the year, while revenues were 27 per cent higher to £7.3billion.


Cost-cutting was announced in an attempt to boost margins.


Rolls is currently embroiled in a bribery and corruption scandal. The engineer stands accused of paying middlemen to win contracts for jet engines in Indonesia and China, and is being probed by the Serious Fraud Office.


However, the investigation is in its early stages at the moment and appears to be concerned with intermediaries used by Rolls. While the probe and potential for fines are serious, investors should not be overly concerned right now.


Management is right to focus on the margin issue. Like its engines, Rolls needs to become more efficient and turn more of its revenue into earnings. The long-term outlook for the company is sound and even at 1200p the shares continue to rate as a buy.

Re Contract

ROLLS-ROYCE WINS US$175M CONTRACT TO
POWER KAZAKHSTAN-CHINA NATURAL GAS PIPELINE

Rolls-Royce today announced a $175 million contract to supply Asia Gas Pipeline LLP (AGP) with equipment and related services to power the flow of natural gas through Kazakhstan's Line C Gas Pipeline, part of the vast 1,833km long Central Asia-China Gas Pipeline network.

Rolls-Royce will supply AGP, a joint venture between Kazakhstan's KazMunaiGaz and China's National Petroleum Corporation (CNPC), with twelve RB211 gas turbine driven pipeline compressor units which will operate at four compressor stations along the 1,115km Line C Pipeline.

Beimbet Shayakhmetov, AGP, General Director, said: "The AGP Pipeline will help to meet Kazakhstan's domestic energy needs and to stabilise China's energy consumption with cleaner natural gas. Given the huge scale and tight construction schedule of this project we need on-time delivery of reliable and efficient technology. Rolls-Royce proven technology provides an excellent fit and we are delighted to again cooperate with them to support us in transportation of the gas."

Andrew Heath, Rolls-Royce, President - Energy, said: "Rolls-Royce technology is at the heart of China and Central Asia's growing energy infrastructure. This contract strengthens our relationship with AGP and with Kazakhstan where we have established a strong track-record of reliable delivery."

When it reaches full operating capacity in 2016, the Central Asia-China Gas Pipeline network will transport up to 55 billion cubic metres of gas each year (bcm/a) from Turkmenistan and Uzbekistan, through Uzbekistan and Kazakhstan to China. The Line C Pipeline in Kazakhstan will contribute up to 25 bcm/a of the total capacity, including potential to supply gas domestically to the Republic of Kazakhstan.

The contract is in addition to an award for eleven RB211 gas turbine driven pipeline compressor units secured by Rolls-Royce in 2009 for AGP's Line A and B pipelines.

Rolls-Royce will manufacture and package the equipment at its energy facilities in Montreal, Quebec, Canada and Mount Vernon, Ohio, USA.

---

Rolls-Royce wins Japan Airlines order for 31 aircraft

StockMarketWire.com

Rolls-Royce said Japan Airlines has ordered 31 Airbus A350 XWB aircraft, which are powered by Rolls-Royce Trent XWB engines. No financial details of the order were given.





Story provided by StockMarketWire.com

r-r main problem is capacity - all production sites globally are at capacity hence large facilities expansion program going on including derby where the rotatives site is currently being optimised for capacity and increased - watch this space onwards & upwards for r-r

the global production for trent and others has a very steep northern trend which r-r fully expects to fulfil and in fact exceed

£20 should be achieved 12 months or less as these come to fruition

gla

Re Contract

ROLLS-ROYCE AWARDED $50.7 MILLION CONTRACT TO SERVICE US NAVY
T-45 TRAINER AIRCRAFT ENGINES

Rolls-Royce has been awarded a $50.7 million MissionCare™ contract extension by the US Department of Defense to provide continued support for the F405 (Adour) engines that power the US Navy's T-45 training aircraft.

The contract extension will continue the successful MissionCare support which has provided the US Navy's training fleet with guaranteed availability over the past ten years. Rolls-Royce uses its innovative MissionCare to apply commercial Power By The Hour® principles to the unique requirements of the defense industry, resulting in affordable, predictable service costs for customers.

Paul Craig, Rolls-Royce, President - Defense Services, said: "Rolls-Royce MissionCare delivers affordability and availability through innovative service to our customers. The US Navy contract has proven to be one of our most successful partnerships and we take great pride in supporting the training of new aviators for the Navy and Marine Corps.

Interim Management Statement

Current trading in line with expectations
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.

Guidance for the business segments remains unchanged, except in Defence Aerospace, where we have changed our guidance for underlying profit from broadly flat to modest growth, and in Marine, where we have changed our guidance for underlying profit from modest growth to broadly flat.

Tognum, which we are providing guidance for separately this year, continues to trade in line with expectations.


A consistent strategy delivering shareholder value
Since our half year results in July, Rolls-Royce has achieved some important milestones.

In Civil Aerospace, we welcomed the decision by Japan Airlines to order 31 Airbus A350 XWB aircraft, which are powered by Trent XWB engines. Lufthansa selected Trent XWB engines worth $1.5 billion, including TotalCare® service support, to power 25 Airbus A350-900 aircraft. Trent 1000 engines powered the successful first test flight of the Boeing 787-9, the second member of Boeing's 787 Dreamliner family. And, because of the current regulatory environment, we agreed with United Technologies Corp. not to proceed with our intention to form a new joint venture to develop an engine to power future mid-size aircraft (120-230 passenger aircraft). We remain fully committed to this important market segment and will continue to invest in technologies that will enable us to take advantage of opportunities as they arise.

In Defence Aerospace, we signed multiple contracts worth over $600 million to provide and service military engines for various US government departments. We also completed the sale of our 50 per cent shareholding and interest in the RTM322 helicopter engine programme to Turbomeca (a Safran company), for which we received a cash consideration of €293 million that is not included in the Group's guidance for cash flow.

In Marine and Power Systems, we were selected to design the propulsion system for the Royal Navy's future Type 26 Global Combat Ship. Subject to contract, this system will feature the world's most powerful marine gas turbine, the Rolls-Royce MT30 in combination with Tognum MTU diesel gensets and Series 4000 engines.

In Power Systems, Tognum announced that it will expand its Research and Development Center at the MTU Aiken Plant. The investment will double the center's development capacity with the addition of two new test cells for off-highway diesel engines.


Preliminary 2013 full year results
We will report the Group's preliminary results for the financial year ending 31 December 2013 on 13 February 2014.

Re Contract

ROLLS-ROYCE WINS $5BN ETIHAD AIRWAYS ORDER
TO POWER 50 AIRBUS A350 XWB AIRCRAFT

Rolls-Royce has won a $5bn order from Etihad Airways for Trent XWB engines, the world's most efficient engine flying today, to power 50 Airbus A350 XWB aircraft. The order includes long-term TotalCare® support.

Etihad Airways, the national airline of the United Arab Emirates, has ordered 24 A350-900 Regional, 16 A350-900 and 10 A350-1000 aircraft.

The order takes the total number of Etihad A350 aircraft on order to 62, all powered by the Trent XWB.

James Hogan, Chief Executive Officer, Etihad Airways, said: "We have been very impressed with the Trent XWB's development during testing and first flight. The engine will enable us to offer new levels of efficiency and will help maintain Etihad's fleet as one of the greenest in the sky."

Tony Wood, Rolls-Royce, President - Aerospace, said: "This is a significant order for the Trent XWB from a valued customer. We are delighted that Etihad Airways is continuing to expand its fleet of Rolls-Royce powered aircraft and we look forward to developing our relationship further. The Trent XWB is the largest-selling Trent engine, with more than 1,600 on order prior to entry into service next year."

The airline also has 28 A330 aircraft in service powered by Trent 700 engines and 11 A340s in service powered by Trent 500 engines.

The Trent XWB, specifically designed for the Airbus A350 XWB, powered the first test flight of the A350 XWB at Toulouse on 14 June this year.

Etihad has also ordered Trent 700 engines to power one Airbus A330 freighter aircraft with TotalCare support.

19 November 2013

ROLLS-ROYCE TO WORK WITH MUBADALA TO ESTABLISH ABU DHABI AS A KEY AEROSPACE HUB

Rolls-Royce confirmed at the Dubai Air Show today that it has entered into a Strategic Framework Agreement with Mubadala Aerospace, Communications Technology and Defense Services (ACTDS) to establish the Emirate of Abu Dhabi as a key member of Rolls-Royce's global network for maintenance and manufacturing activities.

As part of the agreement, Rolls-Royce is supporting Mubadala to become established as an approved Trent XWB engine maintenance, repair and overhaul (MRO) provider within its global Engine MRO network and the first such facility in the Middle East region. The region is earmarked to have one of the highest concentrations of Trent XWB engines in the world in the coming decade.

In addition, Rolls-Royce has committed to helping establish, and become a founding member of, the first advanced manufacturing research centre in the region to support Mubadala's goal to become a Tier 1 aerospace industry supplier.

Rolls-Royce also plans to source engine components valued at up to $500 million over a ten year period from Mubadala once it has a manufacturing capability.

Tony Wood, President -- Aerospace, Rolls-Royce plc, said: "We are delighted to work with Mubadala to establish Abu Dhabi as a key aerospace hub for the support of Trent XWB engine maintenance, repair and overhaul and for component manufacturing. This is an exciting opportunity which will significantly extend both our aerospace supply chain and aero engine support capabilities in the region."

-ends-

Another big hitter on my watch list looking overdone, support @ 1200

Well it was :O)

Wee bounce back to 200DMA still watching.

Espirito Santo reiterates neutral on RR., target raised from 1100p to 1250p.

Exane BNP Paribas Outperform 1,164.00 1,160.00 - 1,350.00 Reiterates

200DMA breached and holding for now, jobs report USA seems to be the catalyst this aft to see if recovery in stocks is viable. Could be a load of bollxxks also of course :O)

Final Results


Group Highlights

· Order book of £71.6bn, up 19%
· Underlying revenue of £15.5bn, up 27%
· Underlying profit before tax of £1,759m, up 23%
· Reported profit before tax of £1,759m, down 36%
· Payment to shareholders of 22 pence per share, up 13%
· Tognum, now part of Power Systems, consolidated for the first time in the full year results

can somebody plse explain: " underlying profit op 23% and reported profit before tax 36% down"

You need a CreativeGood Corporate Accountant!

Merrill Lynch note today:
"We are downgrading Rolls-Royce from Buy to Neutral and lower our PO to 1200p as we had expected further progress in 2014 than currently guided. RR guides for broadly flat revenues, profits and cash due to a strong decline (15-20%) in defence revenues and profits and a modest decline in Marine due to reduced orders in offshore. Also RR CEO comments on M&A leaving uncertainty on the situation with Wartsila or potential acquisitions in the medium size diesel engine market. Wartsila could potentially be a £8+bn deal requiring equity issuance, as we illustrated in our Table 3 inside. CEO said the talks are now off, probably giving a 6mths window before reopening these.
On the back of the FY13 results, we are our lowering our 2013-14-15 EPS on average by 6-7%. We now forecast FY14 EPS at 70p and FY15 EPS at 78.4p. Our 2014 FCF estimate remains broadly unchanged. At our new PO Rolls-Royce would trade on 15.3x P/E and 10.4x EV/EBITA for 2015 which we think reflects M&A concerns and limited growth in profit and cash versus sector person 16.3x 2015 P/E implying a 6-7% discount for RR."

RBC summary note:
"We think after a tough H1 most investors expected some improvement in the results at H2. However, the pause in growth in FY14 will be taken negatively as confidence story does not improve. The aftermarket dynamics will also be worrying as this has plagued other engine makers like Pratt & Whitney and MTU. Rolls is now trading on 14.8x 2015E P/almost no premium to European aerospace with AIR on 14x, SAF on 15x and ZOD (not covered) on 16x consensus. We expect the shares to remain under pressure during the management discussion, with a focus on Defence pressures and Civil costs."

Mainly this robinhood :

Reported profit before tax has reduced from £2,766 million to £1,759 million. In addition to the changes in underlying profit before tax described above, reported profit before tax has been affected by the impact of mark-to-market of derivative contracts (£497 million reduction); (ii) the impact of consolidating Tognum (£322 million reduction, comprising the unrealised profit on reclassification to a subsidiary, the additional amortisation on recognised intangible assets and the revaluation of the put option on NCI); (iii) the net impact of disposals (£483 million reduction, disposal of RRTM in 2013 more than offset by the restructuring of IAE in 2012); and (iv) the cost of providing discretionary pension increases (£64 million). The reported tax charge is affected by the related tax impact of these items and the reduction of tax rates in the UK. This is set out in more detail in note 2 to the financial statements

As I said..

Damn!! working last night missed these this morning., otherwise would have been in on the spreads long like a shot,. quarterly contract and just keep rolling.,

lol skinny

In plain English:
they cocked up to the tune of £497million on a derivatives contract (so could do it again)

they are claiming one off costs of £322million due to the purchase of Tognum (probably hid a load of other stuff in this figure too)

pension increases £64million (probably have to make further increases in future)

I'd wait for the dust to settle Chris , companies reporting massive "one offs" like that never inspire me with confidence.

On my watch list now Dil,. :O)

On my bin bag list :-)

Got them on a S/B from 1,024 earlier - not looking for too much more.

Dil - Your confusing these with Tesco's mate :O)

That'll do me - closed +30.

ROLLS-ROYCE EXPANDS US AIR FORCE C-130J SUPPORT WITH $182.7 MILLION CONTRACT

ROLLS-ROYCE AWARDED US$90.1 MILLION CONTRACT FOR V-22 ENGINES FOR US MARINE CORPS

Rolls-Royce has been awarded a US$90.1 million production contract for engines to power MV-22 aircraft operated by the US Marine Corps.

The contract, a modification of a prior agreement, includes a total of 40 Rolls-Royce AE 1107C engines manufactured in Indianapolis, Indiana. The contract was awarded through the Naval Air Systems Command in Patuxent River, Maryland.

Tom Bell, Rolls-Royce, President - Defence, said, "This production contract reflects continued confidence in the capability and reliability of the Rolls-Royce AE 1107C engines powering the MV-22 fleet. Continual innovation has led to increases in power, dependability and time on wing as we strive to anticipate and meet the mission needs of the US Marine Corps."

Robust and combat-proven, the Rolls-Royce AE 1107C turboshaft is part of the AE product family, which has over 5,800 engines in service and nearly 60 million flight hours. The AE 1107 exclusively powers the growing V-22 fleet for the US Marine Corps and Air Force.

Rolls-Royce has developed engine modifications to deliver 17 percent additional power to the AE 1107C. These power enhancements, along with various reliability improvements, were developed at Rolls-Royce expense and are being implemented under the MissionCare support contract. Combined, the improvements have increased "hot and high" performance while significantly increasing time on wing.

In addition to a dedicated team of Field Service Representatives, Rolls-Royce also supports the AE 1107C engine fleet through the Defense Operations Center in Indianapolis, providing 24/7 real-time engineering support for V-22 operators.

ROLLS-ROYCE AWARDED $100 MILLION CONTRACT TO SERVICE US NAVY
T-45 TRAINER AIRCRAFT ENGINES

Rolls-Royce has been awarded a Contractor Logistics Support (CLS) contract valued at over $100m by the US Department of Defense to provide continued support for the F405 (Adour) engines that power the US Navy's T-45 training aircraft.

The follow-on, one-year contract will continue the successful support which has provided the US Navy's training fleet with guaranteed availability over the past ten years.

Rolls-Royce confirms it is in talks with Siemens

Following media reports, Rolls-Royce confirms it is in talks with Siemens regarding the sale of its Energy gas turbine and compressor business. This supplies aero-derivative gas turbines, compressor systems and related services to customers in the Oil and Gas and Power Generation sectors. These talks have not concluded and we will make a further announcement in due course.

Interim Management Statement

Excluding adverse foreign exchange translation effects (estimated at £40m on profit and £300m on revenue, at current exchange rates), and a one-off charge in Marine (estimated at £30m) to rectify a product quality issue, the Group continues to expect revenue and profit to be flat for the full year, with free cash flow similar to 2013.

At a business level, we maintain guidance except in Marine, where we now expect a reduction of around 10% in profit and revenue compared to 2013, caused by the one-off charge and lower services volume.

The Group's financial performance in 2014 is expected to be weighted to the second half of the year, with around two thirds of the full year 2014 profit being generated in the second half. This phasing reflects, in the first half, the one-off charge in Marine and higher restructuring and in the second half, phasing of cost reduction improvements and trading. As a result, free cash flow during the first half is expected to be between £200m and £400m lower than during the first half of 2013.

We remain confident that the Group will resume growth in 2015.

FRC
We have had discussions with the Financial Reporting Council (FRC) regarding accounting for the sale of new equipment and services TotalCare agreements in our Civil Aerospace business. These discussions are now substantially concluded. On the basis of those discussions, we do not expect any adjustments or restatements to be required in addition to those already reflected in the 2013 accounts. We have agreed to enhance the descriptions of our business model and accounting policies. We have no other ongoing enquiries with the FRC.

Announcements
Since the start of the year, we have made a number of important announcements.
On April 29 2014, we announced that we are in talks with Siemens regarding the sale of our Energy gas turbine and compressor business. This supplies aero-derivative gas turbines compressor systems and related services to customers in the Oil and Gas and Power Generation sectors. These talks have not concluded and we will make a further announcement in due course.

In Marine & Industrial Power Systems, Daimler exercised their put option for their 50% equity interest in our joint venture Rolls-Royce Power Systems (RRPS). We welcomed this decision and have agreed the fair market value of Daimler's shares with them to be €2.43 billion. The transaction is expected to complete in the second half and is subject to the usual regulatory approvals.

In Aerospace, we welcomed the decision by All Nippon Airlines (ANA) to order Trent 1000 engines to power 25 Boeing 787 Dreamliner aircraft. We started assembly of the first higher-thrust version of the Trent XWB, that will power the Airbus A350-1000 aircraft. We signed a long-term agreement with Lockheed Martin worth up to US$1 billion to deliver approximately 600 engines to power future C-130J Super Hercules aircraft, and agreed multiple contracts worth over $450 million with various US government departments to provide and service military engines.

Investor briefing 19 June
We will be holding a briefing for institutional shareholders and research analysts on Thursday 19 June in London. John Rishton, Mark Morris and other members of our senior management team will discuss the Group's strategy, how we think about capital allocation and M&A, our future communication around guidance and TotalCare accounting.

Half year 2014 results
We will report the Group's results for the six month period ending 30 June 2014 on 31 July 2014.

Rolls-Royce Secures Offshore Orders More Than £60m

Rolls-Royce has announced orders from a variety of international customers for its offshore ship designs and equipment worth more than £60m.

The contracts, which include five Rolls-Royce UT Design vessels and propulsion equipment packages for research and seismic survey vessels, were announced at the Offshore Technology Conference (OTC) in Houston, Texas, one of the world's leading industry events.

Rolls Royce – not long ago I highlighted the fact that this stock had started to
push up through its short-term downtrend and that further upside had become a realistic
expectation, so it is worth noting that this process is still ongoing. Yesterday’s 8p advance
lifted RR to an eight-week high and further gains still looks possible.

Re Contract

ROLLS-ROYCE TO SUPPLY DECK MACHINERY FOR FOUR ANCHOR HANDLERS FOR EDISON CHOUEST OFFSHORE

Rolls-Royce has won a £50m contract to deliver deck machinery for four large anchor handlers for Edison Chouest Offshore. The vessels are designed by North American Shipbuilder Inc. and will be built in Brazil by Estaleiro Navship LTDA.

The four vessels have been specially developed to operate in Brazilian waters under an eight year long contract with Petrobras , but will meet all demands for world-wide operations.

The deck machinery delivered by Rolls-Royce will include low pressure high torque winches, stern rollers, anchor handling cranes and anchor launch and recovery systems (A-LARS). All mechanical, hydraulic and electric systems are included in the package.

John Knudsen, Rolls-Royce, President - Offshore, said: "We are proud that Edison Chouest has chosen Rolls-Royce products for these new and advanced vessels. Our anchor handling team's in-depth knowledge about offshore operations has been vital to developing the optimum solution together with the ship owner and designer. We look forward to continuing this journey with them."

First delivery will take place in March 2015, the last in January 2017.

ROLLS-ROYCE STATEMENT REGARDING EMIRATES ORDER

Rolls-Royce has been advised by Airbus of the cancellation of an Emirates' order for 70 A350 aircraft. While disappointed with this decision, we are confident that the delivery slots which start towards the end of this decade vacated by Emirates will be taken up by other airlines. Demand for the Airbus A350 remains strong, with more than 700 aircraft and 1,400 Trent XWB engines already sold.

We retain a close working relationship with Emirates and continue to support their 38 Rolls-Royce powered wide body aircraft currently in service.

As a result of today's announcement, our order book will reduce by around 3.5% or £2.6bn. The order for 70 A350 aircraft was confirmed in 2007 as part of a larger $8.4bn announcement relating to a total of 120 Aircraft, all with TotalCare services. The options for the additional 50 aircraft, and the TotalCare contracts were not included in the amount captured in our order book.

Cantor Fitzgerald Buy 1,057.50 1,440.00 1,440.00 Reiterates

JP Morgan Cazenove Overweight 1,057.50 1,300.00 1,300.00 Reiterates

ROLLS-ROYCE ANNOUNCES £1BN SHARE BUYBACK

Half Yearly Report

Group Highlights

· Order book of £70.4bn, down 2%
· Underlying revenue of £6.8 billion, down 7%
· Underlying profit before tax of £644 million, down 20%
· Reported profit before tax of £717 million
· Announced the sale of the Energy business to Siemens, completion expected end 2014
· £1bn share buyback - conditional upon the Energy sale
· Agreed the acquisition of Daimler's 50% ownership in Power Systems
· Payment to shareholders of 9.0 pence per share, up 5%
· Group guidance maintained


Directorate Change

Rolls-Royce is pleased to announce that Ruth Cairnie has been appointed as a Non-Executive Director of the Company with effect from 1 September 2014.

Ruth Cairnie was formerly Executive Vice President Strategy & Planning at Royal Dutch Shell Plc, where she held a number of senior international roles, including managing the Global Commercial Fuels business. She served on the boards of Shell Pakistan Ltd and joint venture companies in Germany and Thailand. She is currently a Non-Executive Director of Associated British Foods plc and Keller Group plc. She is also a member of the Advisory Board of the Rotterdam School of Management.

ROLLS-ROYCE TRENT 1000 SELECTED AGAIN BY NORWEGIAN

Norwegian has selected Rolls-Royce Trent 1000 engines for nine additional leased Boeing 787-9 Dreamliner aircraft.

This brings the total number of Norwegian's Trent 1000-powered Boeing 787 Dreamliners to 17. All of the engine sales are already accounted for in the Rolls-Royce orderbook.

In addition, the airline has also ordered long-term TotalCare® service support for engines powering the nine aircraft, worth $440m.

The leased aircraft will be powered by the latest version of the Trent 1000, the Trent 1000-TEN, which will deliver the best lifetime fuel burn performance on the aircraft.

Tore Jenssen, Norwegian, Chief Operating Officer, said: "This decision continues our excellent relationship with Rolls-Royce. We have been very pleased with the Trent 1000 in-service performance and we look forward in particular to operating the Trent 1000-TEN engine which will set new standards on the aircraft."

Dominic Horwood, Chief Customer Officer, Rolls-Royce, Civil Large Engines, said: "The Trent 1000 is delivering excellent fuel burn economics and the best reliability performance on the Boeing 787 Dreamliner. We are very pleased that Norwegian has once again chosen us to support its fleet expansion."

The Trent 1000 delivers exceptional environmental performance on the Boeing 787 Dreamliner with the best through-life fuel efficiency, lowest emissions and lowest noise.

ROLLS-ROYCE HOLDINGS PLC UPDATES 2014 AND 2015 GUIDANCE AND PROVIDES MEDIUM TERM OUTLOOK

getting very tempted to pick them up at current lvls

but waiting for a rebound sign as i do not like catching falling knives

I'm waiting for 650p , think these have had their day in the sun for the time being.

thinking of getting in sometime today but with a tight stop (specially after this bloody week...)

More 'one off charges' (see my Feb comment) , 'higher restructuring charge' ... how long does a bleeding restructuring take ??? , 'foreign exchange negative impact' ... haven't they heard of forward contracts / hedging ???

Still in the sh.t imo.

I've had a punt @811 (SB).

so did i at 809 with a stop at 790

Espirito Santo Execution Noble Buy 809.25 1,250.00 1,250.00 Reiterates

Liberum Capital Buy 809.25 - - Reiterates

Cantor Fitzgerald Buy 809.25 1,440.00 1,440.00 Reiterates

Westhouse Securities Neutral 809.25 1,040.00 1,040.00 Retains

hope my stop is not too tight.....

changed it to 780 as stop was too tight-no more tweaking from now on though

think i had for now at least a lucky break as i just would have been stopped out before at had a rally again. time will tell......

Closed @831 +20.

nice one- i am still in though

Good luck - day trade only for me.

BG GROUP SELECTS TWELVE ROLLS-ROYCE TRENT 60 DLE PACKAGES FOR ITS LAKE CHARLES LNG EXPORT PROJECT

Rolls-Royce is proud to announce that BG Group has selected the Trent 60 DLE industrial gas turbine as the driver for the main refrigeration compressors in the proposed Lake Charles LNG Export project in Louisiana, USA.

ROLLS-ROYCE ACCELERATES COST REDUCTION
AND ANNOUNCES RESTRUCTURING

DAVID SMITH APPOINTED AS ROLLS-ROYCE CHIEF FINANCIAL OFFICER

Tenuous, but a possible benefit?

Emirates Will Buy 100 More A380s If Airbus Upgrades Model

Full Year 2014 Final Results

Group Highlights

· Record order book £73.7 billion
· Underlying revenue and profit in line with guidance
· Free cash flow £254 million (£447 million excluding the divested Energy business)
· Reported profit before tax £67 million
· Concluded the sale of the Energy business and began a £1 billion share buyback with the proceeds
· Delivered the first Trent XWB engines for launch customer Qatar Airways
· Secured an exclusive position to power the Airbus A330neo
· Launched new family of medium-speed reciprocating engines
· Payment to shareholders 23.1 pence per share, up 5%

Rolls-Royce issues mixed trading update

StockMarketWire.com

Rolls-Royce said overall, performance for 2015 for the bulk of its business is expected to be broadly in line with previous guidance. However, further deterioration in the offshore market is now expected to impact full year profit for Marine.

Guidance for 2015 revenue is unchanged for the full year. Group underlying profit before tax is now expected to be between £1,325m to £1,475m, compared to previous guidance of £1,400m to £1,550m, reflecting the deterioration in offshore.

Free cash flow for 2015 is now expected to be between £(150)m and £150m, compared to previous guidance of between £50m and £350m. Given the weaker near-term cash outlook, we will discontinue the current share buyback programme, having completed £500m of the planned £1bn programme in the first half of the year.

In Civil Aerospace, we continue to expect 2015 underlying revenue and profit within the guided range provided in February of £7,000m to £7,300m and £800m to £900m respectively.

However, we now expect the impact of reduced Trent 700 deliveries to be greater than initial estimates, reflecting further adverse developments in the demand for OE and spare engines and related pricing.

In addition, lower-than-expected demand for engines to power business jets and a softening regional aftermarket will also adversely impact profit.

These market headwinds should be balanced by good growth in our widebody aftermarket and a larger-than-expected benefit from the reversal of a balance sheet provision on the Trent 1000 launch, as a result of an expected significant improvement in operating performance, and by improved retrospective TotalCare contract profitability. The value of the provision release and contract profitability are expected together to contribute around £200m, somewhat more than previously expected.

"We now expect our Marine underlying profit to be between break even and £40m, compared to previous guidance of between £90m and £120m. We are reviewing further cost reduction and restructuring activities in Marine to improve performance which, including asset impairments, is expected to result in an exceptional charge of £70m to £100m which will be recognised outside underlying profit."

2015 Half Year

"As outlined in May, we continue to expect 2015 underlying profit before tax to be phased more to the second half than in 2014, led principally by Civil Aerospace and Power Systems. As a result, first half underlying profit before tax is expected to be between £390m and £430m, or around 30% of the full year, compared with roughly 40% in 2014. Free cash flow is expected to be between £(570)m to £(620)m compared with £(347)m in the first half of 2014.

"We will provide full details of our Interim results on 30 July."

Implications for 2016

"Taken together, the recent changes in demand and pricing for our Trent 700 programme, which is transitioning to Trent 7000, combined with the reduced demand for our business jet engines and a softer regional aftermarket, are expected to create a £300m net Civil Aerospace profit headwind into 2016.

"An improving large engine aftermarket, led by our higher installed base, and the net £90m benefit of restructuring should largely offset the likely lower level of TotalCare and other adjustments in 2016. Many of the changes will not impact cash flows and as a result cash conversion is expected to improve."

Looking Further Ahead

"The successful roll-out of new engines, led in particular by the Trent XWB, 1000 and 7000, together with a growing aftermarket, is expected to drive significant revenue growth over the next ten years as we build toward a 50% share of the installed wide-bodied passenger market.

"While the impact of the transition to the Trent 7000 has reduced Trent 700 deliveries, and held back Civil Aerospace profit in the near term, we are confident that the important investments we are making to transition our production will create a strong platform to drive customer service, improved margins and strong cash flows.

"In addition, initiatives to reduce cost and increase focus within the Marine and Power Systems businesses should help drive good performance improvements and support a growing profit contribution from our Land & Sea division as the company continues to reinforce its role as a leading provider of Better Power for a Changing World."





Story provided by StockMarketWire.com

Cue skinny with his fishing rod? I'm tempted, but not yet. Watching. :0)

Out most of the day, murphys law would have been a good day trade nice bounce back, sustainable? remains to be seen.

RBC summary note today:
"Profit cut 5% in 2015: Rolls-Royce has cut its underlying profit forecast for 2015 by 5% from £1,400-1,550m to £1,325-1,475m. Expectations for Marine have once again been reduced due to weakness in offshore (going from underlying £90-120m to £0-40m), but the company also noted that civil aerospace is seeing pressures in Trent 700 (greater impact to demand/pricing as transition to Trent 7000), business jet (lower OE demand) and regional jet (aftermarket softness). However, these pressures in civil aero are expected to be offset by higher-than-expected benefits from contract provision releases and widebody aftermarket growth (~£200m benefit in 2015 from Trent 1000 provision reversal and retrospective TotalCare profitability improvements). While underlying profit has been cut ~£75m, the company did cut FCF by ~£200m from £50-350m to £(150)-150m, and said it will discontinue its current share buyback program (has completed £500m of the planned £1B in the first half of the year).

Bigger headwinds in 2016: Rolls-Rocye noted that it expects net headwinds in Civil Aerospace ~£300m due to Trent 700 (~£250m), business jet and regional jet aftermarket weakness (~£50m), and that Marine is expected to be impacted by ~£85m again.

OUR VIEW: We think many investors had been expecting some sort of negative revision from Rolls’ new management. Our meeting with the CFO at the Paris Airshow had flagged a number of these issues, particularly the A330/A350 transition on the Trent, and the recent weakness in the share price has probably pre-empted this announcement. However, new CEO Warren East has moved quicker than we had expected to clear the decks, and re-base expectations for the known headwinds in Civil, and the market driven issues in Marine. With a soft start to the year in Power, that still leaves a lot to do in that division for the full year. This is Rolls’ third profit warning in the last 18 months – and whilst perhaps contradictory to class bad news as good news, this could help remove a major overhang for the stock."

Investec Sell 772.75 960.00 650.00 Downgrades

Espirito Santo Execution Noble Neutral 772.75 1,160.00 845.00 Downgrades

Societe Generale Sell 772.75 850.00 675.00 Retains

RBC Capital Markets Sector Performer 772.75 1,060.00 850.00 Reiterates

JP Morgan Cazenove Underweight 772.75 900.00 640.00 Downgrades

Panmure Gordon Sell 772.75 744.00 600.00 Retains

Liberum Capital Hold 772.75 900.00 - Reiterates

More from RBC today:
"Could Rolls be a target? Given its installed base and backlog, the long term prospects for the company look attractive. However, with its medium term profit and cash challenges, the question has been raised as to whether Rolls could be an acquisition target. We think suggestions that United Technologies could be interested are baseless. New management at UTX have made it clear that they are looking for smaller targets, and Rolls would double up their aero engine risk when P+W is going through similar transition issues on the GTF. Another suggested acquirer is Siemens, though we’re not sure their shareholders would be thrilled. Given that the UK Government would be intimately involved, an acquisition could have more risk than appreciated.
EPS and target price: We’ve cut our 2015 EPS estimate from 62p to 57p, and 2016 goes from 67p to 49p. We’ve rolled our target price basis to a 2016/17 blend (which was already scheduled for 1H15 results), and this results in our target price moving from 1060p to 850p. This implies a target multiple of ~16x P/E.
Limited downside, but tough to see the upside: Although we think this update has removed an overhang that has been weighing on the Rolls stock price, the revised financial forecasts leave Rolls looking relatively expensive versus peers (16.5x 2016 P/E on our new estimates, versus EU aero average of 15.1x). Assuming that new management has ‘kitchen sinked’ the forecast, we would expect limited downside to estimates from here. However, it’s hard to see much upside in 2016–17 given the long term nature of the Civil and Defense businesses, unless there is a notable uptick in shorter cycle areas like Power, Marine or the T+M aero aftermarket. We therefore remain Sector Perform on the stock at this point."

Investec summary:
"Medium-term headwinds to profitability are more substantial than we expected and risk to profits and cash remains skewed to the downside. The mismatch between underlying profit and FCF over the coming years will continue to raise questions on the quality of earnings. Rolls’ long-term prospects remain attractive, but have been deferred (again) to the end of the decade and investors should wait until consensus and valuation reflect both long-term upside and medium-term risks. Downgrade to Sell with a 650p TP.
Updating forecasts post 6th July profit warning: We reduce our FY15E EBIT forecasts by c.7% and FY16E-18E EBIT forecasts by c.27%-35% to reflect: (1) Larger than expected Civil Aerospace losses related to the transition between the Trent 700 (A330ceo) to Trent 7000 (A330neo); (2) Lower Regional and Business Jet revenues and profits from OE and aftermarket; and (3) Sustained weakness in Marine.
Additional headwinds to medium-term profitability: We believe guidance does not reflect the possible launch of the A380neo that would present a material headwind to medium-term profits. Increasing pricing pressure across the business, defence budget uncertainty, margin pressures and industrial end market weakness could lead to further downgrades.
A strategic and operational review: Incoming CEO Warren East has launched an operational review of Rolls’ businesses. We believe this should include a review of Rolls’ strategy to become a diversified industrial company, as discussed in our note A time for reflection (14 November 2014).

We reduce our DCF-derived TP to 650p to reflect our new forecasts and move to Sell. At our TP, Rolls would trade on a FY16 PER of 14.9x (FY17E: 14.7x). Potential risks to our cautious view include strong growth in AM driven by low oil prices, an earlier than expected recovery in industrial end markets and a possible bid for the company following the recent decline in the shares."

Deutsche Bank Sell 758.50 758.50 610.00 580.00 Reiterates

...........a once great company going to the dogs. IMO RR strategy has too much over-reach and fails to concentrate on core strengths. Competition tend to focus on their core business soaking up market share in a highly competitive market, especially when passing out of recession.

Cannot see RR SP heading north any time soon, but continuing to slowly head south as profits drop and operating costs deplete company value. Perhaps small recompense will come from cost cutting / staff redundancies and non-core sell-offs, but will be short lived and turn around difficult.

Unfortunately, medium term outlook for RR IMO will be takeover target from bigger player, with a focused and more established product competencies profile; where RR assets would complement their own business.

Henry Royce and Charles Rolls would be beside themselves IMHO.

DYOR
HAb

RR. says 2015 broadly in line, sees 2016 challenge

StockMarketWire.com

Rolls-Royce said while 2015 remains broadly as expected, the group's outlook for 2016 is very challenging. It described Q3 trading as satisfactory, despite a mixed operating performance in several markets. Its overall performance expectations for 2015 are unchanged.

"Overall performance expectations for 2015 remain unchanged, although there have been developments in aerospace and marine markets that have created additional headwinds," the company said.

"For 2015, these should be largely mitigated by a number of positive developments, including cost saving measures; however the headwinds are likely to impact 2016 more than previously expected," it said.

"Compared to the expected outturn in 2015, the key areas of demand weakness are affecting selected aerospace and offshore marine markets.

"In aerospace, these mainly relate to the themes emerging in the third quarter, including sharply lower volumes of corporate jets powered by Rolls-Royce engines, further weakness in demand for corporate jet aftermarket services, further significant declines in aftermarket service demand for our engines on 50-70 seat regional jets and more conservative assumptions on demand reductions for some legacy programmes.

"Together, these impacts on our corporate and regional business account for roughly £100m of our incremental profit headwind.

"Expected demand for new wide-bodied engines remains unchanged from that set out in the summer. Rolls-Royce continues to gain market share in installed thrust and as a result, we should benefit from increased demand in the year for our aftermarket services.

"However, we have begun to see reduced utilisation by some specific operators of older wide-bodied engines. This management of short-term excess capacity, as the market takes delivery of newer, more fuel efficient airplanes, is already starting to impact aftermarket revenue and profit.

"Together with other changes, the incremental profit headwinds for our wide-bodied engine business are expected to be roughly £100-150m.

"In addition, offshore marine markets have continued to deteriorate throughout the year and, as a result, 2016 forecasts have weakened further. As a result, we are setting expectations to reflect a further 15-20% decline in offshore marine market demand, weakening marine profit by a further £75-100m.

"Our preliminary view on 2016 is materially impacted by these new headwinds, together with the changes in demand outlined in our 6 July 2015 update and repeated in our half year results on 30 July 2015.

"These included around £250m of profit headwinds related to lowered volume and pricing expectations for our Trent 700 programme, which are unchanged, combined with a further £50m related to our corporate jet and regional aftermarket businesses, both of which have since weakened further.

"As a result, expectations are that profit headwinds may be around £650m compared to 2015. Many of the headwinds impact higher than average margin segments of the business, or businesses where fixed costs are relatively high. As a result, the profit fall through is significant."

hope you're not holding RR too chris

No cynic, but certainly cheap now. May get even cheaper yet.

The UK economy is going down the drain under Cameron. The whole FTSE 100 shares are not doing well.

chuckle
the uk economy is actually amazingly robust compared to the rest of the world
it's the weakness in china that is currently giving everyone the heeby-jeebies

discussing about weakness is causing problem more than the weakness itself. I think Chinese like the western media as they are expanding while everything is cheap

Their internal economy is doing fine. Just check the number of Chinese travelling to UK and other countries.

Australia is considering limiting the number of visitors as they have difficulty to cope.

Back at 2011 levels. Triple bottom possible but don't hold your breath.

Jefferies note today (House broker):
The underlying profit warning for FY16 – likely down around 30% versus company-sourced consensus – is too great for us to believe anything else will count today. Nonetheless, FY16 cash flow is largely unchanged and some bad news on profits has probably arrived today rather than over a period of years. The equity story is dented, but still stands, in our view. If the negative sentiment quickly exhausts itself, there could be more to play for on 24 November.
Trading update in brief.
FY15 outlook is fine, albeit at the low end of guidance (so PBT nearer £1,325m versus Consensus £1,336m and JEFe £1,324m). The FY16 headwinds are now up to £650m, up from £300m at the 1H15 stage, with an additional £75-100m from Marine, £100m from Corporate/Regional, £100-150m from wide-body aftermarket.
Consensus FY16 PBT is £1,053m (JEFe £956m), so a £300-350m reduction equates to around 30%. There is also a shot across the bows on the dividend, which will be “reviewed” by the Board. That adds an air of gravity to the IMS, but against the backdrop of a “new wide-ranging restructuring programme” that targets gross cost savings of £150-200m per annum, with benefits accruing from FY17 onwards.
Trent aftermarket.
On 22 August 1991, British Airways chose GE90 engines to power its B777 aircraft. It was a dark day; darker than this one. On 15 November 1995, Singapore Airlines ordered Trent 800 engines to power its B777s and the darkness was finally banished. Today, the mist descends again as the Singapore B777s have all been retired and are probably inactive. We knew RR’s data for its installed base included such aircraft, so we knew that aftermarket revenues must have been impacted already to some degree. We believe the same applies to the Trent 500 (A340-500/600) and even to the Trent 700, albeit to a lesser extent. In our forecasts, we simply predicted these engines would steadily leave the installed base and so moderated our TotalCare revenue and EBIT forecasts accordingly. That is our context for today’s caution on the Trent aftermarket – the bad news has come forward as RR manages aircraft/engines that are on the frontier in terms of whether or not they remain in service. There may be some enduring impact on our forecasts for, say, FY18 and FY19, but we doubt it will be material. It is an unwelcome development as to timing and might appear to threaten the equity story, but that is not the case, in our view.
Marine – weak at the knees.
With hindsight, we understand that Marine was flawed in many respects – lack of new product development, too disparate, and largely based in high- cost countries – but was supported by the strength of its major end market, offshore oil & gas. We had aimed low for FY16 (EBIT breakeven), but not low enough. Yesterday, Farstad Shipping referred to pressure on rates, surplus tonnage (despite vessels being stacked) and new vessels remaining on order. We had hoped for relative stability by now, but Farstad predicted no improvement in FY16. As a result, the outlook for services remains bleak and that for new OE orders desolate. The only consolation is that RR’s FY16 cash flow guidance suggests Marine will no longer be haemorrhaging cash.
Red Line.
We harbour no illusions about what could unfold today – the scale of the downgrade for FY16 is too great to be treated with equanimity. We have, however, already set out our stall on cash flows, not profits, so the relatively robust FY16 cash flow (Consensus FCF £44m) is some solace and likewise the new management team stamping its authority on things through a more profound restructuring. Like the 6 July trading update, today we have profits down and cash much less impacted. When calm returns, that may cause the focus to shift from profits to cash flows We believe RR will live to fight another day – 24 November being a start. We believe the RR equity story is dented, but largely intact on a medium-term view."

Cynic, you think UK's economy is so robust? Then why is there so much budgets and cuts everywhere...

because it takes a great deal of pain and effort to get the country living within its means
and has little to do with the underlying state of the economy

If the state of the economy is so robust as you mentioned, there will be no job cuts, problems in the NHS, cuts in social benefits, increasing UK debt, austerity measures and so on.

Ahem...........RR thread!!!

JP Morgan Cazenove reiterates underweight on Rolls-Royce, target cut from 630p to 405p.

hyleo - harry is absolutely right .... address yourself to the TALK thread

Fred is waiting hyleo ..... enjoy

pratt witney patent gearing turbo fans more efficient. RR. buy @ £5 see broker mark downs. the BB ends

LATEST BROKER VIEWS

Date Broker New target Recomm.
16 Dec Haitong... 490.00 Neutral
15 Dec JP Morgan... N/A Underweight
9 Dec JP Morgan... N/A Underweight
4 Dec Deutsche Bank N/A Sell
25 Nov Investec 420.00 Sell
25 Nov Kepler... 470.00 Reduce
25 Nov Barclays... 680.00 Underweight
25 Nov Liberum Capital 560.00 Hold
25 Nov Panmure Gordon 500.00 Sell
25 Nov Exane BNP... 545.00 Neutral
Broker Recommendations for Rolls-Royce Group

According to reports there will be an announcement today of a big order worth £2.9 billion from Norwegian airlines

correction 1.9 billion

Some of the UK's biggest companies, including Rolls-Royce and Petrofac, have been drawn into a scandal over alleged bribery and corruption in the international oil industry. The Serious Fraud Office is understood to have teamed up with the FBI and the US Department of Justice to investigate claims that a Monaco-based lobbying firm, Unaoil, was involved in the payment of bribes to officials in Iraq, Syria, Kazakhstan, Kuwait and other oil-producing nations.

Full Year Results

Group financial highlights

· Reported revenue of £16,307m; up 6% on underlying basis, Civil Aerospace service revenues up 12%

· Underlying profit before tax up 25% to £1,071m; strong contribution from Power Systems

· Reported profit before tax of £4,897m; includes a £2.6bn non-cash profit (2016: £4.4bn loss) from the revaluation of our $38.5bn hedge book as sterling strengthened

· Free cash flow improvement driven by improved profits and good working capital management

· 2016-17 transformation programme achieved £200m run-rate savings; at top end of guidance

· €718m ITP Aero acquisition completed in December 2017, first instalment in shares (9.61m issued)



Group operational highlights

· Civil Aerospace widebody invoiced flying hours up 12%; significant in-service engine issues: in-year £170m cash cost (2016: £90m) and £227m charge to profit (2016: £98m)

· Large engine deliveries up by 35% to a record 483 (2016: 357 engines)

· Good further progress with Trent XWB-84 OE economics (cash deficit down 37%)

· Successful UltraFan Power Gearbox testing and Advance3 engine first run completed

· Strong recovery in Power Systems under new leadership; revenue growth, significant cost savings and strong cash generation

· Marine results stable year on year; restructuring benefits delivered; strategic review of Commercial Marine business underway

more.....

Down 13% at time of this post. No news at present.

Like the proverbial stone

STATEMENT re TRENT 7000. FULL YEAR GUIDANCE CONFIRMED
Rolls-Royce confirms that it expects to deliver fewer Trent 7000 engines in Q4 2018 than originally planned, reflecting early stage production ramp up challenges. As a result, we are likely to fall short of our prior engine delivery projection of approximately 550 large engine deliveries for 2018, and are now expecting to deliver approximately 500 engines.

While we regret the impact this will have on our customers, we are today re-iterating our financial guidance for 2018 profit and free cash flow as provided at the time of our interim results in August 2018.

Our priority has always been to ensure that the Trent 7000 engine meets customer expectations on entry into service and we have seen very good performance attributes during a rigorous testing phase. We continue to work very closely with Airbus and our customers on the details of the delivery schedule. While the production ramp up issues in Q4 are regrettable, such issues in the early stages of a new engine program are not uncommon in our industry. As we move into 2019 we are confident that Trent 7000 production and delivery volumes will increase significantly to meet our customer commitments.