Rolls-Royce said its restructuring efforts begun in February are starting to show results.
The companys Power Systems division saw a stand out performance during the first half of the year, according to CEO Warren East, who made the comment during a conference call about the companys earnings.
We continued to make good progress in the first half, East said. Financial results were ahead of our expectations with strong growth from Civil Aerospace and Power Systems and we achieved a number of operational and technological milestones.
The companys underlying revenue was up 14% to £7,040 million.
In January, the company announced plans to simplify into three customer-focused business units. Along with its Civil Aeros…
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