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Meggitt plc

MGGT.L

Latest Trade

630.00GBp

Change

1.20(+0.19%)

Volume

1,507,643

Today's Range

628.80

 - 

636.60

52 Week Range

456.10

 - 

646.60

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

Pricing

Previous Close
628.80
Open
633.40
Volume
1,507,643
3M AVG Volume
50.00
Today's High
636.60
Today's Low
628.80
52 Week High
646.60
52 Week Low
456.10
Shares Out (MIL)
776.97
Market Cap (MIL)
4,887.84
Forward P/E
17.14
Dividend (Yield %)
--

Next Event

Full Year 2019 Meggitt PLC Earnings Release

Latest Developments

More

Meggitt FY Margin Growth To Be Held Back By 737 MAX Grounding

Meggitt Says Board Will Keep Chairman's Portfolio Of Board Appointments Under Review

Meggitt Awarded $48 Mln Agreement For Supply Of Aerial Weapons Scoring Systems To U.S. Army​

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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

+44.1202.597597

http://www.meggitt.com

Executive Leadership

Nigel Rudd

Non-Executive Independent Chairman of the Board

Antony Wood

Chief Executive Officer, Chief Operating Officer, Executive Director

Louisa S. Burdett

Chief Financial Officer, Executive Director

Philip E. Green

Executive Director, Commercial and Corporate Affairs

Marina L. Thomas

Company Secretary

Key Stats

2.63 mean rating - 16 analysts
Sell
Hold
Buy
Revenue (MM, GBP)

2016

2.0K

2017

2.0K

2018

2.1K

2019(E)

2.2K
EPS (GBp)

2016

34.300

2017

34.600

2018

33.700

2019(E)

36.676
Price To Earnings (TTM)
35.02
Price To Sales (TTM)
2.22
Price To Book (MRQ)
2.01
Price To Cash Flow (TTM)
14.74
Total Debt To Equity (MRQ)
50.95
LT Debt To Equity (MRQ)
45.70
Return on Investment (TTM)
3.46
Return on Equity (TTM)
2.97

Latest News

Latest News

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.

CORRECTED-Meggitt hikes 2018 revenue guidance as market conditions improve

British engineering company Meggitt said it now expects total organic revenue growth in 2018 to rise by 4-6 percent, up from 2-4 percent earlier, helped by a stronger than anticipated trading in the second quarter.

BRIEF-Meggitt still expecting organic revenue growth of 2-4 pct this year

* TRADING DURING Q1 OF 2018 WAS STRONG, WITH ORGANIC REVENUE GROWTH OF 6% EXCLUDING EFFECTS OF FOREIGN EXCHANGE AND DISPOSALS.

BRIEF-Meggitt To Dispose Precision Micro Business For 22.5 Mln Stg In Cash

* HAS SOLD PRECISION MICRO, SPECIALISTS IN PRODUCTION PHOTO ETCHING FOR AUTOMOTIVE AND MEDICAL SECTORS, TO LDC, PRIVATE EQUITY ARM OF LLOYDS BANKING GROUP FOR £22.5 MILLION IN CASH

Shares in British engineer Meggitt slide as results disappoint

Shares in Meggitt <MGGT.L> fell more than 6 percent on Tuesday after 2017 results and outlook missed analyst forecasts, although the British engineer said the performance of its military and energy businesses would improve in 2018.

BRIEF-Meggit says underlying full-year pretax profit 357.9 mln stg

* FY UNDERLYING PRETAX PROFIT 357.9 MILLION STG VERSUS 352.1 MILLION STG YEAR AGO

BRIEF-Meggitt ‍Says Notes Enactment Of Tax Cuts And Jobs Act In United States On Dec 22

* NOTES ENACTMENT OF TAX CUTS AND JOBS ACT IN UNITED STATES ON 22 DECEMBER 2017

Meggitt sees possible impairment after Dassault axes Falcon 5X jet

Meggitt said Dassault Aviation SA's cancellation of its Falcon 5X business jet programme could lead to a non-cash impairment of some or all of the capitalised work undertaken by Meggitt to date.

Meggitt eyes potential U.S. defence boost as CEO retires

Meggitt <MGGT.L> CEO Stephen Young will retire at the end of April, the company said on Tuesday, as the automotive and aircraft parts maker looks to U.S. defence spending plans to offset the impact of defence budget pressure in Britain.

MOVES-Meggitt names Tony Wood CEO

Meggitt Plc, which makes components for aerospace, defense and energy markets, named Tony Wood chief executive officer, effective Jan. 1.

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

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