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UK companies news briefs: Rolls-Royce Contract, Kingfisher Q3 Results, GKN Disposal
Rolls-Royce Contract. It has won a contract from Hawaiian Airlines to deliver Trent 700 engines to power 5 Airbus A330 aircraft. The order includes TotalCare long-term services support.
Kingfisher Q3 Results saw retail profits up over 13% to £273m driven by higher sales and continued margin initiatives on sales ahead 4.6% (+1.3% on a lfl basis) to £2.81bn. It noted that 27 of the 29 recently acquired ex-Focus DIY stores are now open and trading well, adding that the short-term outlook in its major markets remains challenging.
GKN Disposal. It has sold its Aerospace Engineering Services Business to QuEST Global for an undisclosed amount.
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