Rolls H1 pretax profit rises, top end of consensus

Newswire

LONDON, July 29 (Reuters) - British engine maker Rolls-Royce Plc posted a 18 percent rise in mid-year underlying pretax profit on Thursday, at the top end of analysts' forecasts. Rolls said pretax profit for the six months through June 30 was 136 million pounds ($247.8 million), while a Reuters poll of 10 analysts had produced an average forecast of 132.8 million pounds. Rolls posted a mid-year pretax profit of 115 million a year ago. Revenues rose 16 percent to 1.5 billion pounds. ...

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