Rolls-Royce Posts Loss In H1, Underlying Revenue Down 5%; 2016 Outlook Unchanged

Rolls-Royce Holdings plc (RYCEF.PK, RR.L, RYCEY.PK) reported a pretax loss of 2.15 billion pounds for the half-year ended 30 June 2016 compared to profit of 310 million pounds, previous year. Loss to ordinary shareholders was 1.77 billion pounds or 96.72 pence per share compared to profit of 360 million pounds or 19.35 pence per share, previous year. The Group noted that its reported loss reflects a non-cash impact of 2.2 billion pounds period-end mark-to-market revaluation of derivatives.

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