Melrose Industries PLC (LON: MRO)

London flag London · Delayed Price · Currency is GBP · Price in GBX
551.80
-1.80 (-0.33%)
Jul 2, 2024, 4:36 PM GMT
10.60%
Market Cap 7.29B
Revenue (ttm) 3.35B
Net Income (ttm) -41.00M
Shares Out 1.32B
EPS (ttm) -0.03
PE Ratio n/a
Forward PE 23.58
Dividend 0.05 (0.01%)
Ex-Dividend Date Mar 28, 2024
Volume 3,087,128
Open 552.20
Previous Close 553.60
Day's Range n/a
52-Week Range 445.40 - 681.20
Beta 1.54
Analysts n/a
Price Target 697.73 (+26.45%)
Earnings Date Sep 5, 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]

Sector Industrials
Founded 2003
Employees 13,492
Stock Exchange London Stock Exchange
Ticker Symbol MRO
Full Company Profile

Financial Performance

In 2023, MRO's revenue was 3.35 billion, a decrease of -55.55% compared to the previous year's 7.54 billion. Losses were -41.00 million, -85.96% less than in 2022.

Financial Statements

News

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.

7 days ago - Evening Standard

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...

17 days ago - Sky News

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.

22 days ago - Seeking Alpha

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...

4 weeks ago - The Guardian

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...

5 weeks ago - The Guardian

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.

2 months ago - This is Money

Three Quick Facts: Standard Chartered, Shell, Melrose

Tony Cross picks three things to know about the markets, featuring Standard Chartered, Shell, Melrose

2 months ago - The Armchair Trader

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.

4 months ago - Evening Standard

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

4 months ago - The Armchair Trader

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...

1 year ago - Reuters

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.

1 year ago - Reuters

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 ...

2 years ago - GuruFocus