Rolls-Royce : We expect positive news at the earnings report on 28 February
>Rolls-Royce will report its 2018 results on 28 February before the open - We forecast reported sales of £ 15.2bn and adjusted sales (ex commercial marine and Orange) of £ 14.5bn, vs a consensus of £ 15bn (reported). EBITA is forecast at £ 490m (guidance of £ 300-500m), compared to a consensus of £ 500m. We remain more cautious than the consensus on civil aerospace, and more optimistic on defence (strengthened by military marine and nuclear submarines in the new struc...Rolls Royce Holdings is an engineering company. Co. is organised into five businesses: civil aerospace, which develops, manufactures, markets and sells commercial aero engines and aftermarket services; defense aerospace, which develops, manufactures, markets and sells military aero engines and aftermarket services; power systems, which develops, manufactures, markets and sells reciprocating engines and power systems; marine, which is develops, manufactures, markets and sells marine-power propulsion systems and aftermarket services; and nuclear, which develops, manufactures, markets and sells nuclear systems for civil power generation and naval propulsion systems.
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