Strong Jet Engine Orders Help Rolls-Royce Maintain a Profit Outlook

(Bloomberg) — Rolls-Royce Holdings Plc reiterated its full-year profit guidance as strong demand for jet engines bolsters the British manufacturer’s order book.

Demand has benefited from strong orders, particularly from the Asia-Pacific region, the company said Thursday. Rolls-Royce said its performance has been in line with expectations, building confidence in its full-year guidance of between £3.1 billion and £3.2 billion in underlying operating profit, it said.