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Melrose Industries PLC

MRON.L

Latest Trade

183.50GBp

Change

1.55(+0.85%)

Volume

2,929,548

Today's Range

180.90

 - 

184.30

52 Week Range

72.00

 - 

309.40

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Pricing

Previous Close
181.95
Open
182.00
Volume
2,929,548
3M AVG Volume
212.68
Today's High
184.30
Today's Low
180.90
52 Week High
309.40
52 Week Low
72.00
Shares Out (MIL)
4,858.25
Market Cap (MIL)
8,839.60
Forward P/E
154.85
Dividend (Yield %)
--

Next Event

Melrose Industries PLC Ordinary Shareholders Meeting

Latest Developments

More

Melrose Industries Confirms Appointment Of Peter Dilnot As Exec Director

Melrose Says Currently Trading At Top End Of Board's Expectations For 2020

Melrose Industries HY Adj Operating Profit 56 Mln Stg Vs 541 Mln Stg

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About Melrose Industries PLC

Melrose Industries PLC is a United Kingdom-based company that is focused on acquiring manufacturing businesses. The Company’s segments include Aerospace, a multi-technology supplier of air frame and engine structures, including aerostructures, engine systems and special technologies; Automotive, which comprises Driveline, All Wheel Drive and e-Drive (together e-Powertrain) and Cylinder Liners businesses, a technology and systems engineer which designs, develops, manufactures and integrates a range of driveline technologies; Powder Metallurgy, which provides precision powder metal parts for the automotive and industrial sectors, as well as the production of powder metal; NortekAir & Security, which comprises the Company’s air management and security and smart technology businesses, and Other Industrial, which comprises its Ergotron, Brush and Wheels & Structures businesses.

Industry

Auto & Truck Parts

Contact Info

Leconfield House, Curzon Street

W1J 5JA

United Kingdom

+44.20.76474500

https://www.melroseplc.net

Executive Leadership

Justin Dowley

Non-Executive Independent Chairman of the Board

Simon Antony Peckham

Chief Executive, Executive Director

Christopher Miller

Executive Vice Chairman of the Board

David A. Roper

Executive Vice Chairman of the Board

Geoffrey P. Martin

Group Finance Director, Executive Director

Key Stats

2.07 mean rating - 15 analysts
Sell
Hold
Buy
Revenue (MM, GBP)

2017

2.1K

2018

8.6K

2019

11.6K

2020(E)

9.1K
EPS (GBp)

2017

9.800

2018

13.300

2019

14.300

2020(E)

1.175
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.94
Price To Book (MRQ)
1.21
Price To Cash Flow (TTM)
13.06
Total Debt To Equity (MRQ)
58.00
LT Debt To Equity (MRQ)
56.73
Return on Investment (TTM)
-2.35
Return on Equity (TTM)
-1.91

Latest News

Latest News

Melrose lifts FTSE 100 ahead of Sunak's spending plan announcement

London's FTSE 100 rose on Wednesday, buoyed by Melrose Industries after it gave an upbeat trading update, with the focus also turning towards Britain's one-year spending plan announcement later in the day.

UPDATE 2-British stocks abandon gains as miners tumble; Melrose jumps

* FTSE 100 down 1.6%, FTSE 250 down 1.3% (Recasts throughout, adds comments)

GKN owner Melrose sees pick-up in some markets after first-half profit slumps 90%

Engineering business owner Melrose Industries <MRON.L> said on Thursday there were signs of a pick-up in some of its markets, excluding aerospace, after the coronavirus crisis slashed its first-half profit by 90% and prompted job cuts.

Melrose profit dives 90% as COVID-19 hits aerospace, automotive sectors

Turnaround specialist Melrose Industries Plc said on Thursday adjusted operating profit plunged 90% to 56 million pounds ($74.48 million) in the first half, hurt by a coronavirus-driven downturn in the aerospace and automotive sectors.

BRIEF-Melrose Industries Says 4 Months Group Sales Down About 20% Due To Covid-19

* MELROSE INDUSTRIES - GROUP TRADED IN LINE WITH EXPECTATIONS FROM 1 JANUARY 2020 UNTIL MID-MARCH 2020

BRIEF-Melrose Industries Says Standard Annual Confirmation Of POUs

* STANDARD ANNUAL CONFIRMATION OF POST-OFFER UNDERTAKINGS IN RELATION TO ACQUISITION OF GKN Source text for Eikon: Further company coverage:

BRIEF-Melrose Industries Says From Mid-March, Deterioration Started To Be Seen & Was Experienced In End Markets

* FOLLOWING A SUCCESSFUL 2019, GROUP TRADED IN LINE WITH MANAGEMENT EXPECTATIONS FROM JANUARY THROUGH TO MID-MARCH

Melrose Industries says GM strike hurt automotive, powder metallurgy units

Turnaround specialist Melrose Industries Plc <MRON.L> said on Tuesday that a strike at U.S. automaker General Motors <GM.N> dented sales at its automotive and powder metallurgy units for four months.

REFILE-UPDATE 2-Confident Melrose hikes dividend as profit rise lifts shares

Melrose Industries Plc flagged its confidence in meeting full-year forecasts on Thursday as the turnaround specialist reported a better-than-expected first-half profit, despite weakness in its automotive business.

Melrose sees continued weakness in global automotive sector in H2

Melrose Industries Plc on Thursday warned that weakness in the global automotive market would persist in the second half of the year, but the turnaround specialist said it was confident of trading in line with its expectations this year.

UPDATE 2-GKN deal boosts Melrose's profit, eases economy worries

* Shares rise as much as 6 pct to top FTSE-100 (Adds Chairman, analyst comments, shares, background)

Melrose full-year adjusted pretax profit nearly triples

Turnaround specialist Melrose Industries Plc's full-year adjusted pretax profit nearly tripled, boosted by last year's hostile takeover of British engineer GKN.

Melrose to sell Walterscheid Powertrain Group for $262.7 million

Turnaround specialist Melrose Industries Plc said on Wednesday it plans to sell its off-highway powertrain applications business Walterscheid Powertrain Group to private equity firm One Equity Partners for about 200 million pounds ($262.7 million).

Melrose to sell Walterscheid Powertrain Group for $262.7 mln

Turnaround specialist Melrose Industries Plc said on Wednesday it would sell its off-highway powertrain applications business Walterscheid Powertrain Group to One Equity Partners, a U.S.-based private equity firm for about 200 million pounds ($262.68 million).

BRIEF-Melrose Industries Says Looks To Compulsorily Acquire Remaining GKN Shares

* NOW ACQUIRED, UNCONDITIONALLY CONTRACTED TO ACQUIRE OR RECEIVED VALID ACCEPTANCES OF OFFER IN RESPECT OF MORE THAN 90 PERCENT OF VALUE OF GKN

British government gives Melrose takeover of GKN the green light

Britain's business minister said there were no national security grounds to intervene in turnaround specialist Melrose's <MRON.L> takeover of UK engineering company GKN <GKN.L>, giving the deal the green light from government.

BRIEF-GKN quarterly sales drop 0.5 pct to 2.6 bln stg-Melrose

* GKN QUARTERLY SALES 2.599 BILLION STG VERSUS 2.611 BILLION STG YEAR AGO

BRIEF-Melrose Says Offer For Gkn Unconditional In All Respects

* MELROSE'S OFFER FOR GKN HAS BECOME UNCONDITIONAL IN ALL RESPECTS

BRIEF-Melrose Says Received Valid Acceptances Representing About 84.97 Pct Of GKN Voting Rights

* MELROSE INDUSTRIES PLC - MELROSE HAD RECEIVED VALID ACCEPTANCES REPRESENTING APPROXIMATELY 84.97 PER CENT

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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