Independent journal on economy and transport policy
07:25 GMT+1
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Rolls-Royce currency the hypothesis to sell the activities in the field of commercial the marine transport
Announced a reorganization of the divisions of the group
January 17, 2018
Today Rolls-Royce has announced the intention to put into effect an ulterior simplification of own activities and own organization, plan that - it has specified the British group - the appraisal of strategic options for our Marine Commercial division and a reduction of the five operating activities to three includes "based on the divisions Civil-Aerospace, Defence and Power Systems. Which part of this program - it has still specified the group - we have the intention of consolidate our divisions Naval Marine and Nuclear Submarines in the within of our current Defence division and the activities of the division Civil Nuclear of our division Power Systems inside".
Usually when a company asserts the intention to estimate the strategic options of own activities, between the possibilities which examined there is also that of a sale. Possibility that explicitly it is confirmed by Rolls-Royce: "this - the managing director of the group has asserted, Warren East - is right time in order to estimate the strategic options for our Marine Commercial activities. The division has answered in praiseworthy way to the meaningful contraction of the market of the oil and the offshore gas reducing own costs. Meanwhile we have conquered a position of leadership in the field of naval intelligence and independent navigation and is right - it has clarified East - that we verify if its future can be better under a new property".
Rolls-Royce has specified that, which that is the outcome of this appraisal, the group will maintain the control of those activities in the segment Marine that supply complexes arrange of feeding and propulsion to the navies, between which the Royal Navy and US Navy. In the course of the first trimester of this year, in fact, these activities will be included in a widening of the Defence division that will be renamed Rolls- Royce Defence and that it will include also the current division Defence Aerospace and the activities in the segment Nuclear Submarines. Moreover the group has confirmed that it will continue to operate also in the field of the marine engines to military use serving the customers of this section through the division Power Systems.
Rolls-Royce has remembered that in the 2016 current division Marine, that supplies produced and services for the fields of the offshore one, of the merchant navy and that soldier, of the ferries and the cruise ships, the submarines and other segments of the shipping, it has generated revenues pairs to beyond 1,1 billion pounds and a loss of 27 million pounds. The activities in the section of commercial the marine transport produce about 75% of the revenues of the division, while the activities in the segment of the navies generate remaining 25% of the revenues and a modest profit.
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