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  4. Rolls-Royce says it is managing inflation and supply-chain disruption
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Rolls-Royce says it is managing inflation and supply-chain disruption

LONDON (Reuters) - British aero-engineer Rolls-Royce (OTC:RYCEY) said it was managing rising inflation and supply chain disruption, and would see its squeezed operating profit...
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Rolls-Royce says it is managing inflation and supply-chain disruption © Reuters. FILE PHOTO: Rolls Royce engine of the first Fiji Airways A350 XWB airliner is seen at the aircraft builder's headquarters of Airbus in Colomiers near Toulouse, France, November 15, 2019. REUTERS/Regis Duvignau/File Photo

LONDON (Reuters) - British aero-engineer Rolls-Royce (OTC:RYCEY) said it was managing rising inflation and supply chain disruption, and would see its squeezed operating profit margin improve in the second half, keeping it on track to meet its targets.

The engine maker reported underlying operating profit of 125 million pounds ($152 million) in the first half of the year, compared with 307 million pounds a year ago, on underlying revenue of 5.31 billion pounds.

($1 = 0.8231 pounds)

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