Rolls-Royce to cut 2,600 jobs

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BBC News - Rolls-Royce to cut 2,600 jobs

as always profit before people--->

rolls-royce holdings plc 2014 half year results

• Order book of ?70.4bn, down 2%
• Underlying revenue of ?6.8 billion, down 7%
• Underlying profit before tax of ?644 million, down 20%
• Reported profit before tax of ?717 million
• Announced the sale of the Energy business to Siemens, completion expected end 2014
• ?1bn share buyback - conditional upon the Energy sale
• Agreed the acquisition of Daimler?s 50% ownership in Power Systems
• Payment to shareholders of 9.0 pence per share, up 5%
• Group guidance maintained

[Meat-Head]

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