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Rolls-Royce Holdings PLC (RR.L)

RR.L on London Stock Exchange

916.60GBp
19 Jun 2018
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-10.80 (-1.16%)
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Latest Key Developments (Source: Significant Developments)

Rolls-Royce says accelerating development of permanent fix for Package C engines rotor issue
Wednesday, 30 May 2018 

May 30 (Reuters) - Rolls-Royce Holdings PLC ::ROLLS-ROYCE TRENT 1000 OPERATIONAL RESPONSE.ROLLS-ROYCE - RESPONDING WITH RANGE OF ACTIVITIES TO SUPPORT CUSTOMERS EXPERIENCING DISRUPTION FROM RESULT OF REQUIREMENT FOR INCREASED INSPECTIONS ON TRENT 1000 PACKAGE C ENGINES.ROLLS-ROYCE HOLDINGS PLC - "FULLY RECOGNISE THE UNACCEPTABLE LEVELS OF DISRUPTION OUR CUSTOMERS ARE FACING.".ROLLS-ROYCE - ALSO ACCELERATING THE DEVELOPMENT OF THE PERMANENT FIX TO THE INTERMEDIATE PRESSURE COMPRESSOR ROTOR ISSUE SEEN ON PACKAGE C ENGINES.ROLLS-ROYCE - AIM TO HAVE FIRST PARTS AVAILABLE FOR ENGINE OVERHAUL IN LATE 2018, RATHER THAN 2019 AS ORIGINALLY PLANNED.ROLLS-ROYCE-DEVELOPED NEW ON-WING INSPECTION TECHNIQUES TO SUPPORT AIRLINES IN MEETING REQUIREMENTS OF AIRWORTHINESS DIRECTIVES AS QUICKLY, EFFICIENTLY AS POSSIBLE.ROLLS-ROYCE HOLDINGS PLC - ASSESSMENT OF THE FINANCIAL IMPLICATIONS OF TRENT 1000 PACKAGE C IN-SERVICE ISSUES REMAINS UNCHANGED.ROLLS-ROYCE- EXPECT NUMBER OF AIRCRAFT AFFECTED TO RISE IN SHORT TERM, AS THE DEADLINE FOR COMPLETION OF INITIAL INSPECTIONS APPROACHES.  Full Article

Rolls-Royce Says MT30 Marine Gas Turbine Selected To Power Japan's New Frigate
Monday, 21 May 2018 

May 21 (Reuters) - Rolls-Royce Holdings PLC ::ROLLS-ROYCE SELECTED TO SUPPLY MT30 GAS TURBINE TO POWER NEW CLASS OF FRIGATES FOR JAPAN MARITIME SELF DEFENCE FORCE.  Full Article

Rolls-Royce Says Signs Cooperation Agreement With Siem Offshore
Wednesday, 9 May 2018 

May 9 (Reuters) - Rolls-Royce Holdings PLC ::ROLLS-ROYCE AND SIEM OFFSHORE FORMALISE LONG-TERM COOPERATION WITH FIVE YEAR DECK MACHINERY MAINTENANCE AGREEMENT.FIVE-YEAR MAINTENANCE INSPECTION PROGRAMME IS THE FORMALISATION OF A COOPERATION AGREEMENT BETWEEN ROLLS-ROYCE AND SIEM OFFSHORE.  Full Article

Rolls-Royce Signs Contract To Deliver Ship Design And Equipment To New Fishing Vessel
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Rolls-Royce Holdings PLC ::SIGNED CONTRACT TO DELIVER SHIP DESIGN, EXTENSIVE RANGE OF EQUIPMENT TO A 70-METRE LONG STERN TRAWLER TO BE BUILT FOR OLYMPIC SEAFOOD IN NORWAY.  Full Article

Air New Zealand Updates on Rolls-Royce Engine Issue
Monday, 16 Apr 2018 

April 16 (Reuters) - Air New Zealand Ltd ::WORKING WITH ROLLS-ROYCE ON GLOBAL ISSUE INVOLVING SOME OF TRENT 1000 ENGINES THAT POWER ITS BOEING 787-9 DREAMLINER FLEET.DOES NOT EXPECT ISSUE TO MATERIALLY IMPACT FY18 EARNINGS AND PREVIOUS GUIDANCE REMAINS UNCHANGED.EXPECTS THERE WILL BE SOME CUSTOMER AND OPERATIONAL IMPACT TO ITS INTERNATIONAL SCHEDULE AS A RESULT OF MAINTENANCE CHECKS.ROLLS-ROYCE ADVISES 380 ENGINES GLOBALLY IMPACTED BY DIRECTIVE BY EASA & ROLLS-ROYCE, INCLUDING 9 IN AIR NEW ZEALAND 787 FLEET.  Full Article

Rolls-Royce Says Signs Manufacturing Deal With India's Goa Shipyard Ltd
Thursday, 12 Apr 2018 

April 12 (Reuters) - Rolls-Royce Holdings PLC ::ROLLS-ROYCE AND GOA SHIPYARD LIMITED AGREE TO MANUFACTURE MTU ENGINES IN INDIA.AGREEMENT COVERS ASSEMBLY OF 16- AND 20-CYLINDER ENGINES IN NEW FACILITY IN GOA.  Full Article

Rolls Royce, Woodward Announce Agreement For Woodward To Acquire L'Orange
Monday, 9 Apr 2018 

April 9 (Reuters) - Woodward Inc::ROYCE AND WOODWARD, INC. ANNOUNCE AGREEMENT FOR WOODWARD TO ACQUIRE L’ORANGE, A WORLD CLASS FUEL INJECTION SYSTEMS TECHNOLOGY COMPANY.SIGNED AGREEMENT FOR WOODWARD TO ACQUIRE L'ORANGE GMBH AND RELATED OPERATIONS LOCATED IN GERMANY, U.S., CHINA FOR EUR 700 MILLION.WOODWARD INC- ‍TRANSACTION HAS BEEN APPROVED BY BOARDS OF BOTH ROLLS-ROYCE & WOODWARD, AS WELL AS SUPERVISORY BOARD OF ROLLS-ROYCE POWER SYSTEMS.WOODWARD INC <<>>- ‍L'ORANGE, WHICH WILL BE RENAMED WOODWARD L'ORANGE, WILL BE INTEGRATED INTO WOODWARD'S INDUSTRIAL SEGMENT​.  Full Article

Rolls-Royce Wins $450 Mln Trent 1000 Order From Aercap
Monday, 22 Jan 2018 

Jan 22 (Reuters) - ROLLS-ROYCE ::WINS $450M TRENT 1000 ORDER FROM AERCAP.ORDER FROM AERCAP FOR TRENT 1000 ENGINES TO POWER 10 BOEING 787 DREAMLINER AIRCRAFT; AERCAP HAS OPTIONS FOR ANOTHER 5 TRENT 1000-POWERED 787S.  Full Article

Rolls-Royce has seen interest in commercial shipping ops
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Rolls-Royce ::CEO SAYS THERE IS A NEED TO DO MORE TO SIMPLIFY BUSINESS.CEO SAYS 2018 MUST BE A "BREAKTHROUGH YEAR" FOR SUSTAINABLE CASH FLOW IMPROVEMENT.CFO SAYS LAZARD ACTING AS ADVISOR ON STRATEGIC REVIEW.CFO SAYS THERE IS INTEREST IN COMMERCIAL SHIPPING OPERATIONS, TOO EARLY TO QUANTIFY VALUE OF BUSINESS.CEO SAYS SOME DUPLICATED ROLES WILL BE IDENTIFIED IN RESTRUCTURING, BUT TOO EARLY TO QUANTIFY.CEO SAYS NEEDED TO STABILIZE THE BUSINESS & DEVELOP TRUST, NOW TIME TO LOOK FORWARD.CFO SAYS "VERY COMFORTABLE" WITH 1 BILLION CASH FLOW TARGET FOR END OF DECADE, BUT MORE TO BE DONE ON SAVINGS.  Full Article

Rolls-Royce says needs to retain a degree of flexibility regarding dividend
Tuesday, 14 Feb 2017 

Rolls-royce : Ceo says needs to retain a degree of flexibility, hence dividend unchanged . Cfo says board carefully reviewed dividend, wasn't appropriate to raise dividend given cash demands at this time . Cfo says hedge fund impact is purely accounting adjustment, will unwind over time . Ceo says continuing to co-operate with sfo, but settlement draws line in sand, company now looking forward . Ceo says will position business for long-term, not looking at anything revolutionary . Ceo says portfolio is "broadly correct", could restructure or dispose of some underperforming units . Ceo says wants to continue to operate under european air safety rules Further company coverage: [RR.L] (Reporting By London Bureau) ((uk.online@reuters.com; +44 20 7542 7717;)).  Full Article

UPDATE 1-Boeing sales chief says Rolls setbacks not impacting 787 sales

* Embraer, Boeing discussing venture in commercial aviation (Adds comments on demand and partnerships)