Melrose Industries PLC (MLSPF)

OTCMKTS · Delayed Price · Currency is USD
6.98
-0.12 (-1.69%)
Jan 17, 2025, 4:00 PM EST
-5.24%
Market Cap 9.29B
Revenue (ttm) 4.37B
Net Income (ttm) -49.29M
Shares Out n/a
EPS (ttm) -0.04
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,400
Average Volume 3,043
Open 7.10
Previous Close 7.10
Day's Range 6.98 - 7.10
52-Week Range 5.27 - 8.74
Beta 1.46
RSI 62.48
Earnings Date Mar 6, 2025

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 14,234
Stock Exchange OTCMKTS
Ticker Symbol MLSPF
Full Company Profile

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 numbers in GBP Financial Statements

News

Alphyn Capital's Q4 2024 Top And Bottom Performers

KKR & Co Inc's broad-based expansion and evolving earnings profile, driven by significant AUM growth and stable revenue streams, highlight its long-term potential despite economic headwinds. Amazon's ...

7 days ago - Seeking Alpha

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.

2 months ago - This is Money

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.

2 months ago - This is Money

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

2 months ago - The Armchair Trader

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.

3 months ago - Seeking Alpha

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.

4 months ago - Seeking Alpha

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.

5 months ago - This is Money

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...

5 months ago - BNN Bloomberg

Melrose Shares Don't Reflect The Value Of Growing Profitable Aftermarket Opportunities

Melrose PLC has been a more modest performer compared to its peers in the aerospace industry despite good margin progression and strong trends in the Engines segment. Ongoing slippage in new aircraft ...

8 months ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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.

2 years 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