UK-based global major power and propulsion systems group Rolls-Royce released its results for 2022 on Thursday. It reported that last year it had recorded improvements in its orders, revenue, profit and cash flow. It also reduced its net debt. The group reported underlying revenues for last year of £12.691-billion (as against £10.947-billion in 2021) and statutory revenues of £13.520-billion (2021: £11.218-billion). Underlying operating profit in 2022 came to £0.652-billion (2021: ...
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