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$6.09
-0.187 (-2.98%)
At Close: Jun 03, 2026
Melrose Industries boosted by strong engines performance
03:47am, Thursday, 02'nd May 2024
Shares in Melrose Industries PLC (LSE:MRO, OTC:MLSPF) fell 1.7% as the aerospace components maker reported a strong start to the year but kept full-year expectations unchanged after a recent upgrad
Melrose flies toward update on strong aviation, defence backdrop
06:54am, Friday, 26'th Apr 2024
Melrose Industries PLC (LSE:MRO, OTC:MLSPF) is to update on Thursday, May 2 against a strong backdrop for both aviation and defence spending. In line with rebounding demand for travel and growing focu
Is Melrose Industries on course to beat 2025 guidance? This American bank thinks so
10:55am, Tuesday, 19'th Mar 2024
Citi has updated its forecasts and repeated its 'buy' advice on shares in Melrose Industries PLC, interpreting any market weakness as an opportune moment for investors to purchase shares. In the wake
Melrose hikes guidance as aviation boom aids earnings beat
03:44am, Thursday, 07'th Mar 2024
Melrose Industries has raised its profit expectations for the year ahead after reporting better-than-expected results for 2023. Operating profit in Melrose's aerospace wing more than doubled to £420
Melrose good news to keep on coming suggests JP Morgan
10:46am, Monday, 08'th Jan 2024
Melrose has received a bullish annual result preview from analysts at JP Morgan, sending the share price up by almost 5%. Over twelve months, the shares are up almost 90% but the US bank expects good
Melrose Performing Well As Margins Improve And Long-Cycle Projects Mature
03:47pm, Thursday, 28'th Dec 2023
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 warns of £200m hit from Pratt & Whitney engine issue
06:36am, Tuesday, 12'th Sep 2023
Melrose cautioned that problems revealed yesterday by US aero engine maker Pratt & Whitney's subsidiary Raytheon (RTX) might cost it as much as £200 million. Pratt & Whitney said its GTF fleet had de
Melrose Industries' share price "up with events," says RBC
08:06am, Monday, 11'th Sep 2023
Melrose Industries PLC (LSE:MRO, OTC:MLSPF) is the biggest faller in the FTSE 100, down 5.1% at 484.40p after RBC Capital Markets moved the stock to sector perform from outperform, explaining that
Melrose soars to post-pandemic high as guidance updated, buyback brought forward
04:13am, Thursday, 07'th Sep 2023
Melrose Industries PLC (LSE:MRO, OTC:MLSPF) shares rose 8% to above 554p for the first time since 2020 after it published its first set of results since becoming a pure aerospace company, with a new
Melrose Industries set to unveil first results as a pure aerospace company
08:07am, Friday, 01'st Sep 2023
Melrose Industries PLC (LSE:MRO, OTC:MLSPF) interim results due on 7 September will be its first as a pure aerospace company, after spinning out Dowlais Group PLC (LSE:DWL) in April. Analysts exp
Melrose - A Top-Tier Aerospace Engine Business Mitigates The Risk Of A Radical Change In Strategy
06:04pm, Tuesday, 22'nd Aug 2023
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
Melrose ups forecasts and bigs up aerospace potential
10:32am, Wednesday, 17'th May 2023
Melrose Industries jumped almost 5% as the engineer significantly upped its guidance for aerospace earnings in 2025. FTSE 100 member Melrose said it now expects operating profits in 2025 to double to
Melrose Industries rises as new aerospace guidance lifted
03:24am, Wednesday, 10'th May 2023
Melrose Industries PLC (LSE:MRO, OTC:MLSPF), having spun out its GKN Automotive business last month, today hiked its full-year guidance after trading in the first four months of the year was “mater
Melrose Industries reports 'materially stronger' profit and cash generation in second half
03:38am, Tuesday, 15'th Nov 2022
Melrose Industries PLC (LSE:MRO, OTC:MLSPF) reported “good progress” in the demerger of its GKN Automotive and Powder Metallurgy business and “materially stronger” profit and cash generation i
Melrose Industries sinks further on GKN demerger plan
08:04am, Thursday, 08'th Sep 2022
Melrose Industries shares fell again as the financial engineer announced plans to spin out a big chunk of the GKN business it bought four years ago in a bitterly fought £8bn takeover scrap. GKN Autom
