FRIEDRICHSHAFEN, Germany - Revenues generated by Rolls-Royce Power Systems AG remained stable in the first half of 2014. The 2014 half-year report published today by the Rolls-Royce Group shows revenues for the "Power Systems" segment of EUR1.473 billion ($1.97 billion). This represents 17 percent of the total revenues generated by Rolls-Royce. The business activities of today's Rolls-Royce Power Systems AG are now included in the Power Systems segment, which is made up of the former Tognum Group, including the Norwegian subsidiary, Bergen Engines AS. The order book in the first half-year was at EUR2.682 billion ($3.59 billion), the return on sales was at 5.1 per cent. For the full year, at constant foreign exchange, Rolls-Royce expects underlying revenue to be in a range of plus or minus 2 percent.
The half-year report is available for download on the Rolls-Royce website at www.rolls-royce.com/investors.
The business figures of Rolls-Royce Power Systems AG have been fully consolidated in Rolls-Royce plc since the beginning of 2013. In March 2014, Daimler AG announced that it intended to sell its 50-per cent shareholding in Rolls-Royce Power Systems to Rolls-Royce. The transfer of the shares is expected to take place this year, as soon as the regulatory authorities responsible have given their approval.
Source: http://www.rrpowersystems.com/press/press-releases/press-detail/news/rolls_royce_power_systems_business_remained_stable_in_first_half_year/news_smode/
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