Melrose Industries PLC (LON: MRO)
London
· Delayed Price · Currency is GBP · Price in GBp| Market Cap | 6.45B |
| Revenue (ttm) | 3.46B |
| Net Income (ttm) | -39.00M |
| Shares Out | 1.29B |
| EPS (ttm) | -0.03 |
| PE Ratio | n/a |
| Forward PE | 82.98 |
| Dividend | 0.06 (1.10%) |
| Ex-Dividend Date | Aug 8, 2024 |
| Volume | 12,674,928 |
| Open | 502.20 |
| Previous Close | 501.20 |
| Day's Range | 488.80 - 511.00 |
| 52-Week Range | 413.58 - 681.20 |
| Beta | 1.51 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Oct 30, 2024 |
About Melrose Industries
Melrose Industries PLC, together with its subsidiaries, provides aerospace components and systems to civil and defence markets in the United Kingdom, rest of Europe, North America, and internationally. The company operates through two segments, Engines and Structures. The Engines segment offers structural engineered components; parts repair; and commercial and aftermarket contracts to engines original equipment manufacturers. The Structures segment provides civil and defence air frames, including lightweight composite and metallic structures; a... [Read more]
Financial Performance
In 2023, Melrose Industries's revenue was 3.35 billion, an increase of 13.41% compared to the previous year's 2.95 billion. Losses were -1.02 billion, 230.8% more than in 2022.
Financial StatementsNews
MARKET REPORT: Melrose shares soar as it reassures investors
The FTSE 100 group, which owns parts maker GKN Aerospace, said revenues rose 7% in the four months to the end of October.
Melrose shares surge as GKN Aerospace owner shrugs off supply chain woes
The FTSE 100 firm said it still expects to earn between £550million and £570million in adjusted operating profits this year, followed by £700million in 2025.
Three Quick Facts: Begbies Traynor, Melrose, Judges Scientific
UK economic headwinds continue to support Begbies, Melrose bucks trend as revenues rise, Judges full year performance scaled back
FTSE 100 Live 18 November: Index seen higher, GKN Aerospace owner Melrose posts update
Melrose Industries: The Long-Term Outlook Is Promising
I have initiated a new position in Melrose Industries. Click here to read MLSPF's summary write-up.
Melrose Industries Offers A Buy Opportunity On Aerospace Aftermarket Growth
Melrose Industries has significant aerospace exposure, which supports its strong aftermarket sales and high operating margins. Read more about an investment in this U.K. company.
MARKET REPORT: Melrose shares tumble after double downgrade
While most analysts reckon the stock is worth buying, UBS broke ranks by advising clients to sell shares in the owner of the GKN aerospace business.
Melrose’s ‘Cash Mountain’ Isn’t Quite That Big, UBS Analysts Say
A jet-engine business described by Melrose Industries Plc as a “cash mountain” is actually worth about half the estimate by the UK aerospace engineer’s management, according to analysts at UBS Group A...
Dowlais Group profits are hit by slowdown in EV production
The engineering company, which was demerged from Melrose Industries last year, revealed its adjusted pre-tax profits declined by 26 per cent to £95million in the six months ending June.
'Mini-Melrose’ plots £50m London stock market listing
A specialist engineering and manufacturing group which resembles the prominent acquisition vehicle Melrose Industries is plotting a £50m London flotation.
FTSE 100 dips amid weakness from blue-chip industrial stocks
The index dropped 34 points to 8,248 on Tuesday, with Melrose and Rolls-Royce among the notable fallers.
Melrose founders to list Rosebank in hunt for new industrial deals
The founders of Melrose Industries, one of Britain's most prolific and lucrative investment groups, are preparing to list a new vehicle in London next month as they hunt a new wave of takeover targets...
Melrose Shares Don't Reflect The Value Of Growing Profitable Aftermarket Opportunities
Melrose, despite being a modest performer in the aerospace industry, shows positive revenue growth and potential margin improvement. See why MLSPF is buy rated.
UK ‘robber baron’ company Melrose gives bosses £176m handout
Lion’s share will go to three former executives of company condemned for hostile takeover of engineering firm GKN in 2018 The UK engineering firm Melrose Industries has handed out a £176m reward pot t...
Huge payouts in prospect for ‘robber barons’ who won bitter battle for GKN
Fears for what Melrose might do to the historic engineering firm did not all come to pass, but more anger is now in prospect Snow lay thick on the ground in Westminster as demonstrators carrying a lar...
BUSINESS LIVE: UK outlook worsened; Shell beats forecasts; Standard Chartered buoyed by higher interest rates
Among the companies with reports and trading updates today are Shell, Standard Chartered, Melrose Industries and Apple.
Three Quick Facts: Standard Chartered, Shell, Melrose
Tony Cross picks three things to know about the markets, featuring Standard Chartered, Shell, Melrose
Melrose ups profit guidance under new boss despite Boeing problems
Melrose Industries, the former conglomerate turned aerospace specialist, saw profit more than double thanks to a rebound in the aviation sector and raised profit forecasts for next year even higher.
Companies Reporting: Greggs, Entain, ITV, Melrose
FTSE 350 and other selected companies reporting earnings for the week of 4 March include Greggs, Entain, ITV and Melrose
Melrose Performing Well As Margins Improve And Long-Cycle Projects Mature
Melrose has continued to leverage a strong commercial aerospace cycle, with high-teens revenue growth and significant operating margin improvement through October of this year. RTX's issue with GTF en...
Melrose - A Top-Tier Aerospace Engine Business Mitigates The Risk Of A Radical Change In Strategy
Melrose Industries has shifted its strategy to focus on its GKN Aerospace business, spinning off all other operations and swearing off meaningful M&A in the future. The company's GKN Aerospace busines...
UK's Melrose Industries lifts 2025 expectations on aerospace focus
Melrose Industries Plc expects its engines business to power its profit margins in 2025 as aftermarket services would help boost cashflow, enabling it to buy back shares worth between 5% and 10% of it...
UK's Melrose Industries plans to spin off GKN automotive unit - FT
Melrose Industries plans to spin off its GKN automotive division as a new UK-listed company, the Financial Times reported on Thursday, citing people familiar with the matter.
Melrose Industries: Aerospace Is Improving
Investor Days, or Capital Market Days, are useful presentations for investors to get updated on a company's strategy. Last month, industrials company Melrose Industries ( LSE:MRO , Financial) held an ...