The winners and losers among today's flurry of company results

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Financial reports on Thursday reveal how firms have adjusted to higher inflation by seeking to cut costs or increase efficiencies - some with more success than others.

Oh dear. It's that day of the year that financial journalists - and a great many analysts, too - dread: The day, usually at the end of July or the beginning of August, during which scores of FTSE-100 companies report their financial results at exactly the same time.

Fleet first Rolls was not the only engineering giant to upgrade its forecasts for the year. So too did BAE Systems, Europe's biggest defence contractor, which said it now expects sales to grow by 12-14% this year instead of the previously guided 10-12%.

 

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