Rolls-Royce: in demand after business simplification

(CercleFinance.com) - The Rolls-Royce stock is up 5.
3% in London today, in demand after the British engine manufacturer announced a restructuring plan, which will include a strategic options review for its commercial marine operations.

The group's simplification will also result in a reduction in the number of operational activities, which will be cut from five to three units, respectively based on civil aviation, defence and power systems.

This simplification will facilitate a more fundamental restructuring of the group's support and management functions and will enable a highly disciplined approach to capital allocation on investment and R&D spending.


Copyright (c) 2018 CercleFinance.com. All rights reserved.