TerretthasbeenworkingatRollsfor34yearsandissaidtohavebeeninstrumentalinshapingthebusiness。

HehasworkedasChiefEngineeronthecompanysTrent800programme,PresidentandChiefExecutiveOfficer(CEO)oftheIntentionalAeroEngines(IAE)divisionandthePresidentofCivilAerospace。

IwouldliketothankMikeforhisleadership,theenormouscontributionhehasmadetoRolls-Royceovermanyyearsandforthepersonalsupporthehasgiventome,saidthecompanysCEOJohnRishton。

Asforthefirmsthird-quarterperformance,thecompanysaidthattradinghasbeenconsistentwiththeguidanceprovidedatitshalf-yearresultsinJuly。

ThecompanysaidthatguidanceacrosstheboardremainsunchangedexceptforinMarine,whereunderlyingrevenueisnowexpectedtobemoreorlessflatyear-on-yearduetothephasingofdeliveries。

InJuly,RollssaiditexpectedmodestgrowthinunderlyingrevenueforMarine。

Forthefullyear,thegroupcontinuestoexpectgoodgrowthinunderlyingrevenueandunderlyingprofit,withcashflowaroundbreakevenaswecontinuetoinvestinfuturegrowth。

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