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Re: ErnieBilco post# 238

Tuesday, 08/06/2019 9:35:18 AM

Tuesday, August 06, 2019 9:35:18 AM

Post# of 2084

Commenting on the full year outlook, Warren East added: “We remain on track to meet our full year
guidance for underlying Core operating profit and Core free cash flow7 of £700m +/- £100m. Our outlook
remains positive, underpinned by continued progress on our key free cash flow drivers towards our
ambition to exceed £1 of free cash flow per share in the mid-term, together with the steadily improving
health of the Trent 1000 fleet.
After a decade of significant investment, we remain committed to delivering improved returns while
continuing to invest in the innovation needed to realise our long-term aspiration to be the world’s leading
industrial technology company.”