TEXT-S&P revises Rolls-Royce otlk to positive

Newswire

(The following statement was released by the ratings agency) June 17 - -- In our view, U.K.-based aerospace group Rolls-Royce PLC (RR) has shown stronger-than-forecast and resilient operating and financial performances throughout the economic downturn. -- Due to very strong and stable cash flow generation, RR's financial risk profile has proved stronger than we had previously anticipated. -- We are therefore revising the outlook on RR to positive from stable, and affirming our ...

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