Rolls-Royce increases engine deliveries by 14% in 2011

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Rolls-Royce delivered 962 civil aircraft engines last year, 14% more than in 2010, lifting original equipment revenues for the division by 18%.

The civil aerospace division posted overall revenues of nearly £5.6 billion ($8.9 billion) for the year, with underlying profit before financing up by 27% to £499 million.

Rolls-Royce attributes the profit rise to increased volume, foreign exchange benefits and the non-recurrence of a one-off charge.

Over the year it obtained orders for over 200 engines in its Trent family, including XWBs for Air France-KLM Airbus A350s and Trent 1000s for Oman Air Boeing 787s.

Underlying original equipment revenues increased to £2.2 billion. Rolls-Royce's underlying services revenues were also up, by 10%, to £3.3 billion. The company raised its order book by 7% to nearly £52 billion.