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Meggitt plc

MGGT.L

Latest Trade

299.70GBp

Change

-4.30(-1.41%)

Volume

1,870,929

Today's Range

299.20

 - 

308.20

52 Week Range

196.15

 - 

701.80

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

Pricing

Previous Close
304.00
Open
304.90
Volume
1,870,929
3M AVG Volume
114.76
Today's High
308.20
Today's Low
299.20
52 Week High
701.80
52 Week Low
196.15
Shares Out (MIL)
780.71
Market Cap (MIL)
2,459.22
Forward P/E
15.25
Dividend (Yield %)
1.76

Next Event

Half Year 2020 Meggitt PLC Earnings Release

Latest Developments

More

Meggitt Signs Contract With Northrop Grumman Corporation

Meggitt Signs $15 Mln Contract With Chemring Australia

Meggitt Awarded $78 Mln Contract

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About Meggitt plc

Meggitt PLC is an engineering company. The Company designs and manufactures high performance components and sub-systems for aerospace, defense and other specialist markets, including energy, medical, industrial, test and automotive. The Company's segments are Meggitt Aircraft Braking Systems (MABS), Meggitt Control Systems (MCS), Meggitt Polymers & Composites (MPC), Meggitt Sensing Systems (MSS) and the Meggitt Equipment Group (MEG). Its MABS supplies aircraft wheels, brakes and brake control systems. Its MCS supplies pneumatic, fluid control, thermal management and electro-mechanical equipment and sub-systems. Its MPC specializes in fuel containment and systems, sealing solutions and advanced composites. Its MSS provides sensing, monitoring, power and motion systems, which specializes in products designed to operate in demanding conditions across a range of applications. Its MEG enables a set of technologically distinct businesses to market their offerings to specialist customers.

Industry

Aerospace & Defense

Contact Info

Atlantic House, 3 Aviation Park West

BH23 6EW

United Kingdom

+44.1202.597597

http://www.meggitt.com

Executive Leadership

Nigel Rudd

Non-Executive Independent Chairman of the Board

Antony Wood

Chief Executive Officer, Executive Director

Louisa S. Burdett

Chief Financial Officer, Executive Director

Marina L. Thomas

Company Secretary

Guy S. Berruyer

Senior Non-Executive Independent Director

Key Stats

2.75 mean rating - 20 analysts
Sell
Hold
Buy
Revenue (MM, GBP)

2017

2.0K

2018

2.1K

2019

2.3K

2020(E)

1.8K
EPS (GBp)

2017

34.600

2018

33.700

2019

36.700

2020(E)

20.627
Price To Earnings (TTM)
11.13
Price To Sales (TTM)
1.08
Price To Book (MRQ)
1.00
Price To Cash Flow (TTM)
5.88
Total Debt To Equity (MRQ)
43.41
LT Debt To Equity (MRQ)
33.81
Return on Investment (TTM)
5.50
Return on Equity (TTM)
4.64

Latest News

Latest News

Meggitt says financial position strong after media report

British engineering firm Meggitt <MGGT.L> said on Thursday its liquidity was strong and that it continues to trade in line with its expectations, adding it had committed facilities in place worth 856 million pounds.

UK's Meggitt says financial position strong after press speculation

British engineer Meggitt said its financial position and liquidity remain strong in a statement issued in response to press speculation which said it might need to raise new equity because of the pandemic.

Meggitt warns of sales drop as virus halts air travel

British engineering company Meggitt <MGGT.L> on Thursday estimated a roughly 15% drop in first-half organic sales as demand from planemakers dried up due to a halt in global air travel from restrictions to contain the novel coronavirus.

Meggitt warns of sales drop as virus hits air travel

British engineering company Meggitt on Thursday forecast an about 15% drop in first-half organic revenue as demand from planemakers dried up due to a virtual halt in air travel from restrictions to contain the novel coronavirus.

Meggitt cuts 1,800 jobs to save cash as coronavirus hits demand

British engineering company Meggitt <MGGT.L> said it planned to shed about 1,800 jobs as part of a cost cutting plan to cope with a contraction in the world's air travel market due to the coronavirus pandemic.

Meggitt reduces workforce by 15% as part of cash saving plan

British engineering company Meggitt said it would shed 15% of its staff worldwide as part of a plan to cut cash expenditure by up to 450 million pounds ($557 million) in 2020, as global air traffic comes to an almost standstill.

British engineer Meggitt working to make ventilators

British engineer Meggitt said it was leading a consortium of UK aerospace suppliers to develop and produce in large volumes a ventilator to help tackle coronavirus.

Meggitt warns of growth hit from 737 MAX difficulties, coronavirus

Britain's Meggitt <MGGT.L> warned that future growth would be constrained by the halt to production of Boeing's <BA.N> 737 MAX aircraft and the economic impact of the coronavirus, knocking its shares.

Meggitt sees 2020 growth constrained by 737 MAX difficulties, coronavirus impact

British engineering company Meggitt warned that its growth in 2020 would be constrained by the impact of the halt to production of Boeing's 737 MAX aircraft, combined with the disruption caused by coronavirus.

Meggitt boosts annual organic revenue forecast; warns of pressured margins

Engineering firm Meggitt Plc <MGGT.L> on Tuesday raised its outlook for annual organic revenue growth, buoyed by a strong third-quarter performance in the U.S. defense market, but warned margins would be pressured because of Boeing's <BA.N> grounded 737 MAX.

Engineering firm Meggitt warns on annual margins due to 737MAX grounding

British engineering firm Meggitt Plc on Tuesday raised its outlook for annual organic revenue growth, buoyed by good third-quarter performance in the U.S. defence market but warned of pressured margins due to the grounding of Boeing's 737MAX.

Engineer Meggitt signals softer 2019 after strong first quarter

British engineering company Meggitt Plc reported organic revenue growth of 9 percent in the first quarter, but warned it would face tougher comparisons for the rest of 2019 and the potential for air traffic growth to moderate.

UPDATE 1-Engineer Meggitt signals softer 2019 after strong first quarter

British engineering company Meggitt Plc reported organic revenue growth of 9 percent in the first quarter, but warned it would face tougher comparisons for the rest of 2019 and the potential for air traffic growth to moderate.

Meggitt forecasts steady margin improvements, outlines Brexit plans

British engineering company Meggitt said it would take about two years before its operating margins significantly improve, sending its shares sliding after a recent strong run.

Slow margin improvement overshadows Meggitt's results

British engineering company Meggitt said it would take around two years before its operating margins significantly improve, sending its shares sliding after a recent strong run.

Meggitt signs $750 million contract with engine maker Pratt & Whitney

British engineering firm Meggitt Plc <MGGT.L> said on Monday it had signed a $750 million contract with Pratt & Whitney <UTX.N> to continue supplying components for two of the U.S. firm's engines.

CORRECTED-Meggitt signs $750 mln contract with engine maker Pratt & Whitney

UK engineering firm Meggitt Plc said on Monday it signed a $750 million contract with Pratt & Whitney for supply of components for two of its engines.

Meggitt higher on upgrade to 2018 revenue growth

British engineering company Meggitt <MGGT.L> raised its estimate for 2018 organic revenue growth to 7 to 8 percent from earlier guidance of 4 to 6 percent, boosted by higher demand for its wheels, brakes and other aerospace parts.

Meggitt boosted by strong aerospace demand, sees composite unit improving

Meggitt <MGGT.L> is on track to meet upgraded guidance after seeing strong demand for its wheels, brakes and other aerospace parts, the British engineering firm said on Tuesday, adding its composite business was also showing signs of improvement.

Meggitt sees stronger growth but warns on margins

Meggitt <MGGT.L> expects revenues to increase more than previously forecast in 2018 after higher U.S. defence spending helped the British engineering firm post a stronger-than-anticipated second quarter.

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

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