On Friday, Rolls-Royce warned its full year profits could drop by as much as 13% on top of an 8% drop last year. The engine manufacturer stated that it expects to make a pretax profit of £1.4 to £1.55 billion in 2015, a drop of up to 10 percentage points on its previous forecast in October for profits to be up to 3% lower. Rolls-Royce said it made an underlying pretax profit of £1.617 billion last year, a decline of 8% on the previous year. Rolls Royce stated that delays in the 787 and A350 programmes meant that new engine

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