London · Delayed Price · Currency is GBP · Price in GBX Melrose Industries Earnings Call Transcripts
Fiscal Year 2025
-
2025 saw robust revenue, margin, and cash flow growth, driven by Engines and defense, with transformation complete and strong aftermarket momentum. 2026 guidance points to continued double-digit growth, margin expansion, and increased shareholder returns, underpinned by strong demand and operational execution.
-
Strong H1 2025 results with revenue up 6% and operating profit up 29%, driven by Engines and margin expansion. Guidance for 2025 is reaffirmed, with free cash flow expected to exceed GBP 100 million and significant progress in transformation and contract wins.
Fiscal Year 2024
-
Profit and margins reached the top end of expectations in 2024, driven by Engines' aftermarket growth and restructuring benefits. Five-year targets include high single-digit revenue CAGR, margin expansion to 24%+, and £600m+ free cash flow, with strong cash generation expected from 2025.