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ROLLS-ROYCE: 1H PROFITS ABOVE ANALISTS' EXPECTATIONS

LONDON, Rolls-Royce posted interim profits that were above analysts' expectations despite a £5 million drop to £190 million in the first half of 2001. The company reassured the market by reiterating that it forecasts a resumption in earnings growth in 2002. Chief executive John Rose said that the company has been hardly affected by order cancellations.

AVIONEWS - World Aeronautical Press Agency - 16377
Rome, Italy, 08/23/2001 12:04
AVIONEWS - World Aeronautical Press Agency

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