TEXT-Rolls-Royce ratings unaffected by results-S&P

Newswire

(Press release provided by Standard & Poor's Ratings Services) NEW YORK, Aug 23 - Standard & Poor's Ratings Services said today that its credit ratings and outlook on U.K.-based aero engine manufacturer Rolls-Royce PLC (Rolls; A-/Negative/A-2) will not be affected by the company's announcement yesterday of first-half results for 2002. Although underlying profits before interest from civil aerospace were sharply reduced, at GBP55 million ($84 million) compared with GBP163 million in ...

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