Rolls-Royce state that trading is consistent with the guidance for the Group provided at its half-year results in July 2012. For the full year, the Group continues to expect good growth in underlying revenue and underlying profit, with cash flow around breakeven as we continue to invest in future growth. Guidance for the business segments remains unchanged except for Marine where, due to the phasing of deliveries, underlying revenue is now expected to be broadly flat. Guidance excludes the impact of the Tognum acquisition and the sale of the Group’s shareholding in International Aero Engines (IAE). Since the half-year results in July, Rolls-Royce has achieved some important milestones.