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MLSPF / Melrose Industries reports 'materially stronger' profit and cash generation in second half
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MLSPF News
By Proactive Investors
September 12, 2023
Melrose warns of £200m hit from Pratt & Whitney engine issue
Melrose cautioned that problems revealed yesterday by US aero engine maker Pratt & Whitney's subsidiary Raytheon (RTX) might cost it as much as £200 more_horizontal
By Proactive Investors
September 7, 2023
Melrose soars to post-pandemic high as guidance updated, buyback brought forward
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 si more_horizontal
By Proactive Investors
May 17, 2023
Melrose ups forecasts and bigs up aerospace potential
Melrose Industries jumped almost 5% as the engineer significantly upped its guidance for aerospace earnings in 2025. FTSE 100 member Melrose said it n more_horizontal
By Proactive Investors
May 10, 2023
Melrose Industries rises as new aerospace guidance lifted
Melrose Industries PLC (LSE:MRO, OTC:MLSPF), having spun out its GKN Automotive business last month, today hiked its full-year guidance after trading more_horizontal
By Proactive Investors
November 15, 2022
Melrose Industries reports 'materially stronger' profit and cash generation in second half
Melrose Industries PLC (LSE:MRO, OTC:MLSPF) reported “good progress” in the demerger of its GKN Automotive and Powder Metallurgy business and “m more_horizontal
By Proactive Investors
September 8, 2022
Melrose Industries sinks further on GKN demerger plan
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 more_horizontal
By Reuters
September 7, 2022
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 f more_horizontal