By Daniel Hunter

Rolls-Royce have reported record levels or annual orders, sales and profits.

The aircraft engine maker said the rise in profits was largely due to the expansion of the airline industry.

Records show that overall profits rose 21% to £1.16 billion ($1.84 billion), while orders reached £62 billion after rising 5%.

"We continue to benefit from a broad portfolio, a large and growing customer base and access to markets where demand remains strong for our products and services," Rolls' chief executive John Rishton said.

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