Rolls-Royce finds profit in 2020, despite COVID-19

Jack Burke Senior Editor, Compressor Tech2

12 March 2021

Also focusing on China

Despite the effects of COVID-19, Rolls-Royce’s Power Systems division ended the 2020 financial year with an operating profit of €200 million, down from €418 million in 2019, despite suffering a 17% drop in underlying revenue to €3,088 million.

As a result, Power Systems, with its product and solutions brand mtu,…

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