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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Rolls-Royce Holding PLC    RR.   GB00B63H8491

Delayed Quote. Delayed  - 09/30 03:14:04 pm
714.5 GBp   +0.28%
02:30p FINCANTIERI : Rolls-Royce announces new deal to provide propulsion a..
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Fincantieri : Rolls-Royce announces new deal to provide propulsion and deck machinery for five cruise ships

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09/30/2016 | 02:30pm CEST

Release date- 29092016 - Rolls-Royce today announced a new deal to provide propulsion and deck machinery to five cruise ships being built by Fincantieri at their Monfalcone and Ancona Shipyards in Italy.

The firm orders are to supply a Promas system, deck machinery and steering gear to two vessels being built for Viking Ocean Cruises. The contract also covers steering gear and deck machinery for a further vessel under construction for Regent Seven Seas Cruises. Steering gear is also being provided for two vessels being built for Princess.

Asbjorn Skaro, Rolls-Royce, Director Deck Machinery - Marine, said: 'Over years of servicing the oil and gas sector in the demanding conditions of the North Sea we have perfected some of the most advanced, efficient and reliable deck machinery, propulsion and steering equipment to be found anywhere in the world. By choosing our equipment Fincantieri can be confident it won't let their customers down.'

Developed using the latest Computational Fluid Dynamics, Promas integrates the propeller, a hubcap, rudder bulb and the rudder itself into a single hydrodynamic efficient unit which can increase propulsive efficiency by 3-8 percent for single screw vessels and 2-6 percent for twin screw vessels and lead to improved manoeuvrability, reduced fuel consumption and emissions.

A modular range of winches and anchor windlasses allow efficient and cost-effective tailor made systems to be built up from a range of standard mooring winches, anchor cable lifters, and warping heads to suit the vessel's deck layout and requirements. They are designed for ease of installation.

About Rolls-Royce Holdings plc

1. Rolls-Royce's vision is to be the market-leader in high performance power systems where our engineering expertise, global reach and deep industry knowledge deliver outstanding customer relationships and solutions. We operate across five businesses: Civil Aerospace, Defence Aerospace, Marine, Nuclear and Power Systems.

2. Rolls-Royce has customers in more than 120 countries, comprising more than 400 airlines and leasing customers, 160 armed forces, 4,000 marine customers including 70 navies, and more than 5,000 power and nuclear customers.

3. We have three common themes across all our businesses:

Investing in and developing engineering excellence

Driving a manufacturing and supply chain transformation which will embed operational excellence in lean, lower-cost facilities and processes

Leveraging our installed base, product knowledge and engineering capabilities to provide customers with outstanding service through which we can capture aftermarket value long into the future.

4. Annual underlying revenue was GBP13.4 billion in 2015, around half of which came from the provision of aftermarket services. The firm and announced order book stood at GBP76.4 billion at the end of 2015.

5. In 2015, Rolls-Royce invested GBP1.2 billion on research and development. We also support a global network of 31 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.

6. Rolls-Royce employs over 50,000 people in more than 46 countries. Nearly 15,700 of these are engineers.

7. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills. In 2015 we employed 228 graduates and 277 apprentices through our worldwide training programmes.


Richard Wray

Tel: +44 (0)2072279163

Mobile: +44 (0)7974918416

(c) 2016 Electronic News Publishing -, source ENP Newswire

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02:30p FINCANTIERI : Rolls-Royce announces new deal to provide propulsion and deck mach..
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Financials ( GBP)
Sales 2016 13 433 M
EBIT 2016 754 M
Net income 2016 407 M
Debt 2016 678 M
Yield 2016 1,86%
P/E ratio 2016 35,80
P/E ratio 2017 24,02
EV / Sales 2016 1,03x
EV / Sales 2017 0,99x
Capitalization 13 101 M
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Rolls-Royce Holding PLC Technical Analysis Chart | RR. | GB00B63H8491 | 4-Traders
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Mean consensus UNDERPERFORM
Number of Analysts 24
Average target price 6,27  GBP
Spread / Average Target -12%
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David Warren Arthur East Chief Executive Officer & Director
Colin Peter Smith Group President & Director
Ian Edward Lamert Davis Chairman
Simon Neil Kirby Chief Operating Officer
David Miles Smith Chief Financial Officer & Director
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