Rolls-Royce Holdings PLC (LSE:RR.)
£ 4.236 -0.103 (-2.37%) Market Cap: 35.65 Bil Enterprise Value: 37.90 Bil PE Ratio: 14.76 PB Ratio: 0 GF Score: 58/100

Rolls-Royce Holdings PLC Trading Statement and to Discuss Trent 1000 Update Call Transcript

Nov 07, 2019 / 08:30AM GMT
Release Date Price: £2.68 (+0.41%)
Operator

Hello, and welcome to the Rolls-Royce trading and Trent 1000 update. (Operator Instructions) Just to remind you, this is being recorded.

So today, I'm pleased to present Warren East, CEO; and Stephen Daintith, CFO. Please begin.

D. Warren A. East
Rolls-Royce Holdings plc - CEO & Executive Director

Right. Thank you, Hugh. Good morning, everybody, and thanks for joining us at relatively short notice.

You have seen our trading update this morning. And we also have distributed a presentation around the Trent 1000, and what we're going to do now is quickly go through the presentation on the Trent 1000. We're joined this morning by Simon Burr, who's our Head of Engineering in Civil Aerospace, and he will step through some of those slides.

Let me just start with a contextual slide to begin with. So I'm now on Slide 2. And this lays out the fact that on the Trent 1000, we have effectively 3 versions of the engine in service: Package B, Package C and TEN.

And on the Trent 1000, we have, for the last couple of years, been

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